Rechargeexclusively revealed the suspension of the Brazilian unit from the list of manufacturers eligible for cheap financing from the BNDES, which has now given its reason for the sanction.

“Alstom didn't lose its accreditation because it didn't develop the supply chain to meet the local content requirements, it lost it because one of its delivered machines did not meet the local content requirements, so it was punished,” Guilherme Gandra, head of the BNDES local content scheme Finame told Recharge.

Gandra