Deals this week: Siemens, Cross Yarra Partnership, HS2 Phase One
Siemens has secured a contract from Indian Railways to deploy Insulated Gate Bipolar Transistors (IGBT) on the dual-cab, high-horsepower diesel engine locomotives produced at Indian Railways' Diesel Locomotive Works (DLW) production unit.
The contract will see Siemens design, supply and install IGBT technology-based alternating current (AC) traction systems on the locomotives.
The IGBT systems are expected to significantly reduce electricity consumption, heat generation and traction noise during the trains' operation.
Lendlease Engineering-led Cross Yarra Partnership has been selected by the Victoria government for the construction of the Melbourne Metro Tunnel Project.
Other partners in the consortium include John Holland, Bouygues Construction and Capella Capital.
The scope of the deal includes construction of the Metro Tunnel along with five new underground stations, which will feature urban design with spacious platforms, optimised natural light, and sweeping arches.
The stations will feature revitalised open space above ground, along with additional entrances to reduce crowding on major streets.
Works outlined in the project's plans also include the construction of underground walkways, which will allow passengers to change easily between the Metro Tunnel stations and the City Loop.
Multiple contractors have been awarded construction contracts by the UK Government for the HS2 Phase One rail link project.
The companies that secured deals include SCS JV for the development of Area South, Align JV and CEK JV for Area Central, and BBV JV for Area North of the Phase One project.
The new contracts comprise the main civil engineering works on the first phase of HS2 between London and Birmingham, and have a combined value of roughly $8.59bn.