Alstom and Shanghai Alstom Transport Electrical Equipment Co., Ltd. (SATEE), Alstom’s local joint venture, have been awarded a new contract by Nanjing Metro. Co. Ltd. (NMC), to supply the state-of-the-art traction system for Nanjing Metro Line 10. The contract value amounts to €23 million.
Train manufacturer Alstom has criticised a Eurostar decision to purchase trains from rival Siemens, suggesting safety in the Channel Tunnel could be jeopardized. Eurostar yesterday confirmed it would invest £700 million in ten new e320 trains, which can carry 900 passengers at speeds of 200 mph.