Business

BHEL Added Vande Bharat To Its Wings

The Indian Railways has invited bids for manufacturing as many as 200 Vande Bharat trains. So far five players have shown interest in the mega tender worth Rs 26,000 crore.

Bharat Heavy Electricals Limited has decided to manufacture and maintain as many as 200 Vande Bharat trains, entered the race for a mega Rs58,000 crore contract.

The contract is for 35 years and under it, the bid winner will have 24 months to produce a prototype of the sleeper class of Vande Bharat trains.

BHEL has been designing, engineering, manufacturing, testing, commissioning of products, systems and services for key sectors of the country’s economy, includes electricity, industry, transport, energy, oil, gas and defense.

So far railways have awarded the contract for manufacturing of 102 Vande Bharat train. Vande Bharat is a semi high speed electrical chair car rail, launched in Feb 2019.

BHEL has formed a consortium with Titagarh Wagons, and submitted the bid for the contract.

The bids will open within the next forty-five days. According to the tender document, the winner will have twenty-four months to produce a prototype of the sleeper class of Vande Bharat trains.

The Indian Railways is targeting to roll out the first Vande Bharat with a sleeper class by the first quarter of 2024. Vande Bharat have only chair cars train at present.

Meanwhile, the Rs 8,000 crore deal is divided into two parts: a Rs26,000 crore upfront payment on the delivery of the trains, while the rest Rs32,000 crore will be paid to the bid winner over a period of 35 years, for the maintenance of these trains.

Apart from BHEL, other players in the fray for the bid include French railway major Alstom; Medha-Stadler consortium between Swiss railway rolling stock manufacturer Stadler Rail and Hyderabad-based Media Servo Drives; Siemens along with BEML, and Russian rolling stock manufacturer Transmashholding (TMH) along with an Indian firm.

Spriha Rai

Recent Posts

Lab Report Confirms Presence Of Animal Fat In Tirumala Laddu, Claims TDP

YSRCP MP Y. V. Subba Reddy, who was chairman of the Tirumala Tirupati Devasthanam (TTD)…

10 hours ago

Court Issues Notice To ED On AAP MLA Amanatullah Khan’s Arrest

Khan was arrested on September 2 after the ED conducted a raid at his residence…

11 hours ago

Allahabad High Court Demands Clarity On Compensation For Land Used In Kumbh Mela

The court has prohibited any demolition of constructions on the petitioner's property and scheduled the…

12 hours ago

First Arrest Made Following Hema Committee Report On Sexual Harassment In Malayalam Film Industry

Among those facing scrutiny are actor-turned-CPI(M) legislator Mukesh Madhavan, actors Nivin Pauly and Jayasurya, directors…

12 hours ago

Yogi Government Enhances Security For Maha Kumbh With High-Tech Measures

Separate boats and Anaconda boats will be made available for the PAC. The tender process…

13 hours ago

Turkey Warns Of Regional Escalation Following Explosions In Lebanon

The explosions, which occurred on Tuesday and Wednesday, targeted pagers and handheld radios and resulted…

13 hours ago