[Four consecutive global rail transit contracts signed] The global rail transit market has ushered in a new wave of signing contracts. On the French side, RATP Dev signed a € 842 million contract to operate 10 regional lines in Caen, and Teleste received an order to upgrade railway passenger information display screens. Poland's PSE has signed a power supply contract for the Warsaw Łó d ź high-speed railway worth approximately 10.9 million euros. Advanced Rail Controls Private Limited in India has been awarded a contract to supply equipment for the retrofitting of 3100 horsepower hydrogen fuel cell hybrid locomotives.Editor/Gao Xue

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• 2026.03.02 09:41
• [Daikin Heavy Industries wins major wind power deal in Germany]
• Daikin Heavy Industries, a leading wind turbine tower manufacturer, announced that it has signed a supply contract with the Polish shipyard Wulkan in Szczecin to manufacture at least 40 sets of internal platform foundation components for the Nordseecluster B offshore wind power project in the North Sea of Germany. The contract value is approximately 11 million euros. The Phase B project has an installed capacity of 900MW and is planned to be put into operation in 2029. Production will start at the end of February 2026 in Poland, creating approximately 200 job opportunities for the local area.Editor/Gao Xue

• 2026.03.02 09:39
• [Pakistan restarts Karachi Loop Railway]
• The government of Sindh Province in Pakistan has once again sought financing from the Asian Development Bank to restart the Karachi Loop Railway project, which has been on hold for many years. The project is approximately 43 kilometers long, with 24 stations and a total investment of about 2 billion US dollars. It was discontinued in the late 1990s. The Asian Development Bank agrees in principle to support and suggests that the provincial government submit the documents as soon as possible for the board of directors to review. The project was included in the China Pakistan Economic Corridor in 2016, but multiple attempts at revitalization have been hindered.Editor/Gao Xue