French group Thales has bagged a Rs 740-crore signalling and communications contract from Larsen & Toubro’s Metro Rail, Hyderabad. The amount will accrue to the €13- billion company over a fiveyear execution.
The signalling system will allow Hyderabad Metro to run metro trains at gap of as low as 90 seconds in peak hours.
The system is already in use in over 30 of the world’s largest city metro systems transporting 3 billion passengers each year.
TO DOUBLE STAFF
Thales, which already has a presence in India, with a staff of 1,250, plans to double the strength in the next two-three years. The company is also competing for installing the automatic fare collection system in Hyderabad Metro, which will soon be making an announcement in this regard.
Thales is also eyeing contracts in other signalling and automatic fare collection systems for metro projects in the country, such as Jaipur, Ahmedabad, and Delhi Metro Phase-III.
“We are delighted to have secured the first communications project in India, this contract being the first of its kind in India,” said Eric Lenseigne, Vice-President, Thales India.