Concord Control Systems Secures NTPC Order for World’s Largest 3100 HP Hydrogen Fuelled Locomotive
DSIJ Intelligence-1Categories: Multibaggers, Trending
The stock has given multibagger returns of 318 per cent from its 52-week low of Rs 606.97 per share and a whopping 1,600 per cent in 3 years.
Concord Control Systems Limited (CNCRD), through its subsidiary Advance Rail Controls Pvt Ltd (ARCPL) has secured a landmark Rs 47 crore order from NTPC Limited to develop the world’s largest 3100 HP hydrogen-fueled locomotive propulsion system. This project marks a historic global first, as it involves the conversion of a traditional diesel locomotive into a high-horsepower hydrogen-powered engine. By reaching the 3,100 HP threshold, India effectively doubles the previous global benchmark of 1,600 HP for hydrogen rail systems, transitioning the technology from laboratory prototypes to commercially deployable solutions capable of handling heavy-duty freight operations.
The initiative is a strategic pillar in India’s mission to achieve net-zero carbon emissions by 2030, a goal championed by Union Railway Minister Shri Ashwini Vaishnaw. By successfully pioneering high-horsepower hydrogen propulsion, India is positioning itself decades ahead of its broader national 2070 net-zero commitment. This collaboration between ARCPL, Railway Engineering Works, and NTPC underscores the country’s growing expertise in green hydrogen and decarbonization, moving the nation beyond mere participation to a leadership role in zero-emission heavy rail technology on the global stage.
Beyond its domestic impact, this breakthrough establishes a robust foundation for the "Make in India" initiative to reach international markets. As regions like the European Union, North America, and Japan accelerate their shift toward climate neutrality, Concord is well-positioned to export advanced locomotive electronics and hydrogen propulsion systems. This project not only reshapes the future of heavy-duty transportation within India but also unlocks significant opportunities for global partnerships, reinforcing India's standing as a premier hub for next-generation, sustainable railway innovation.
About the Company
Concord Control Systems Ltd, incorporated in 2011, is a key player in the electrical machinery sector, primarily serving Indian Railways. The company is ISO 9001:2015 certified and recognised as an OEM and RDSO-approved manufacturer. Concord's product portfolio spans railway electrification and coaching, including battery chargers, control panels, testing machines, emergency lighting, and fans. The company is transitioning from a product supplier to a solution provider, with ongoing development of a prototype for control and relay panels. Concord operates manufacturing facilities in Lucknow, Bengaluru, and Hyderabad, and serves both government and private clients, including major entities like Rail Coach Factory Kapurthala and Larsen & Toubro.
Concord Control Systems Limited has a market capitalisation of over Rs 2,500 crore. 3 Ace Investors, Mukul Mahavir Agrawal holds 3.96 per cent stake and Ashish Kacholia hold 1.21 per cent stake in the company. Additionally, Asha Mukul Agrawal holds a 1.51 per cent stake. The stock has given multibagger returns of 318 per cent from its 52-week low of Rs 606.97 per share and a whopping 1,600 per cent in 3 years.
Disclaimer: The article is for informational purposes only and not investment advice.