‘Trilegal’ advises Alstom on Railway Project under Make in India initiative

New Delhi: Trilegal is advising Alstom on a contract awarded by the Ministry of Railways, Government of India, under the ‘Make in India’ initiative.

The deal involves the setting up a factory at Madhepura, Bihar to manufacture and supply 800 electric locomotives for the Ministry of Railways. 

The Trilegal team was led by Partners Anand Prasad and Saurabh Bhasin. The team was assited by Head – Secretarial & Compliance, Sampath Kumar, Counsels Ramakant Rai and Nayantara Nag, and Associates Rashi Ahooja, Nitikia Chabbra and Priyanka Sharma.

The total value of the contract and the new factory is $3 billion (around Rs. 20,000 crore), according to media reports.

This contract marks the first major FDI in rail projects after the limit was raised by the government in select Railways sectors.

The project also includes the development and operation of maintenance depots at Saharanpur and Nagpur for maintenance of the electric locomotives.

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