Bombardier wins Israel Railways locomotive tender

h05_rakevet-800The Canadian company will supply 62 electric locomotives with an option for 32 more. Canadian company Bombardier has won the huge Israel railways tender. Worth NIS 13.7 billion, this is one of the tenders in Israel Railways electrification project. As part of the project, Israel Railways will buy 62 new electric locomotives from Bombardier with an option to buy 32 more. The value of the locomotives tender is NIS 1 billion.

The tender that was issued drew four bids: the winning bid from Bombardier and bids from French company Alstom, and Chinese companies CSR and CNR. However, CSR and CNR merged recently, raising concerns about price rigging and the Chinese companies were disqualified from the tender.

Read the Full Article Here: Globes

2015-08-10T08:30:45+00:00August 10th, 2015|Infrastructure|0 Comments