Moneycontrol PRO
HomeNewsBusinessBHEL-led consortium bags order for 80 Vande Bharat trains at Rs 120 crore per train

BHEL-led consortium bags order for 80 Vande Bharat trains at Rs 120 crore per train

BHEL-Titagarh Wagons consortium has to manufacture and maintain the 80 Vande Bharat Trainsets including upgradation of Government Manufacturing Units and Trainset Depots, the order mentioned.

April 12, 2023 / 09:43 IST
BHEL-Titagarh Wagons consortium has to manufacture & maintain the 80 Vande Bharat Trainsets

Bharat Heavy Electricals Limited (BHEL) led consortium bagged an order to supply 80 Vande Bharat trains, at Rs 120 crore per train, by the Ministry of Railways in the mega tender of Indian Railways.

According to a BSE filing,  apart from the supply of 80 sleeper class Vande Bharat Trains, the consortium will also undertake comprehensive maintenance of the same for 35 years in accordance with the terms of the agreement.

They will also equip, upgrade, operate and maintain the place provided in the manufacturing unit at Integral coach factory (ICF) Chennai and two depots assigned by Indian Railways.

Also Read: BHEL, Titagarh Wagons shares gain 2% each as consortium wins order from Indian Railways

BHEL-Titagarh Wagons consortium has to manufacture and maintain the 80 Vande Bharat Trainsets including upgradation of Government Manufacturing Units and Trainset Depots, the order further read. The consortium will supply the trains in 72 months and maintain them for 35 years after supplies.

Also Read: Titagarh Wagons-BHEL consortium emerges second lowest bidder for Vande Bharat trains

Moneycontrol News
first published: Apr 12, 2023 09:38 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347