Medha Servo Drives Gets Rs 2,211-Crore Contract For Making 44 Vande Bharat Trains
by Arun Kumar Das - Jan 23, 2021 04:56 AM
Vande Bharat Express (@RailMinIndia/Twitter)
Snapshot
These rakes would be made at three production units of railways â 24 at the ICF in Chennai, 10 at Rail Coach Factory in Kapurthala and the remaining 10 at Modern Coach Factory in Raebareli, as per the contract.
After 22 months of launching Vande Bharat Express for Katra, Indian Railways has awarded the prestigious contract for manufacturing of 44 more such trains at an estimated cost of Rs 2,211 crore.
In what could be described as a major push to the Make in India initiative, the Hyderabad-based Medha Servo Drives bagged the contract for making 44 Vande Bharat trains with 16 coaches each.
Hyderabad firm gets rail contract for propulsion, control systems
By IANS |
Published on
Fri, Jan 22 2021 14:57 IST |
0 Views
New Delhi, Jan 22 : The Indian Railways has awarded a contract of Rs 2,211 crore to design and manufacture propulsion, control and other equipment of 44 Vande Bharat-type train sets to Hyderabad-based Medha Servo Drives Pvt Ltd, a Ministry spokesperson said on Friday. The Railways has awarded the work of design and manufacture of propulsion, control and other equipment to make 44 rakes (16 car each) of Vande Bharat-type train sets, a Ministry tweet said.
It said that the project will be completed under the Make in India policy with domestic content of 90 per cent.
Medha Servo Drives will manufacture and supply 44 train sets. The procurement includes five years of comprehensive annual maintenance contract with the supplier.
Railways finalises tender for Vande Bharat train sets in ‘Make in India’ boost
A Vande Bharat Express
The procurement includes a five-year comprehensive annual maintenance contract with the supplier
For the first time, the tender required minimum 75% local content requirement of the total value of the tender
Share Via
Read Full Story
The Indian Railways on Friday awarded Hyderabad-based Medha Servo Drives Pvt. Ltd a ₹2,211 crore tender for procurement of Vande Bharat Express or Train 18.
The contract includes designing and manufacturing propulsion, control and other equipment required for making 44 rakes of Vande Bharat-type train sets.
TRENDING STORIESSee All
1 min read
URL copied Image Source : PTI (FILE)
44 Vande Bharat trains coming soon! Hyderabad firm wins contract for manufacturing equipment of India s fastest train
The Railways has awarded Hyderabad-based Medha Servo Drives Pvt. Ltd a Rs 2,211-crore contract for designing and manufacturing propulsion, control and other equipment required for making 44 rakes of Vande Bharat-type train sets, a ministry spokesperson said on Thursday. Earlier in August, the Railways had cancelled the tender for the manufacturing of the 44 rakes of Train 18, which has been re-christened as Vande Bharat Express.
The move came after the Chinese joint venture company CRRC Pioneer Electric (India) Private Limited emerged as the only foreign bidder among the six contenders for manufacturing the semi-high speed trains. In September, the tender was floated again.