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Our Bureau

New Delhi , March 11

A consortium led by Ansaldo Signal, an Italian firm, has bagged a Rs 440-crore order from Indian Railways, that involves putting a signalling and telecommunications network on a 413-km rail line between Ghaziabad and Kanpur. The consortium comprises three Ansaldo subsidiaries, apart from MRT and Leighton.

Ansaldo's share in the order is about Rs 290 crore, where as MRT and Leighton have a share of about Rs 75 crore each. Ansaldo, Leighton and MR Trading Company are responsible for the signalling system, GSM-R adoption and local installation, respectively. The project would be installed by July 2009. "The three subsidiaries of Ansaldo have a share of about Rs 290 crore whereas the rest is shared by MRT and Leighton on a 50:50 basis," said Mr Lyle K. Jackson, CEO and Managing Director, Asia Pacific Region, Ansaldo.

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Italian group bags Rs 440-cr order from Rlys

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