The Indian Railways imported 33 AC three-phase 6000 horsepower electric locomotives from M/s,ABB of Switzerland at a cost of Rs.738 crores with a package of transfer of technology for indigenous manufacture at the Diesel Locomotive Works, Varanasi. The engines included three as bank of spares. Of these, six were imported during 1995-96 and 27 in 1996-97. The process of indigenous manufacture of the state of the art electric locos has already begun at the Chittaranjan Locomotive Works.
The Railways manufactured 195 electric locomotives
at the Chittaranjan Locomotive Works (CLW) in 1997-98 and 164 diesel locomotives
at the Diesel Locomotive Works, Varanasi in the same year. With this, Indian
Railways had a total of 7326 locomotives as on March 31,1998.
Instructions have been issued that taking into account
the time required for re-calculating the prices in different markets and
communications of the same throughout the country, these changes in prices
will be from the mid-night of June2-3, 1998.