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Railway Minister Piyush Goyal said a locomotive factory will come up as planned in Bihar’s Marhowrah district and it will be set up by US major General Electric.
Addressing a press conference here, Goyal said all decisions on the manufacturing unit would be taken within the terms of the contract between GE and the Railways.
The announcement comes on the back of reports that the Railways is contemplating termination of a contract with General Electric (GE) for setting up a diesel locomotive factory in Marhowrah, after the company warned against changes to the joint venture.
Goyal further said that Indian Railways, which has already speeded up the electrification process to lower its energy bill and control pollution, has decided to go further by electrifying 4,000 km of network a year.
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