HomeNewsBusinessMC Exclusive | Alstom emerges as lowest bidder for 100 aluminium Vande Bharat trains
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MC Exclusive | Alstom emerges as lowest bidder for 100 aluminium Vande Bharat trains

The consortium comprising Swiss railway rolling stock manufacturer Stadler Rail and Hyderabad-based Medha Servo Drives was the only other player that took part in this tender with a bid of nearly Rs 170 crore per train.

May 31, 2023 / 06:30 IST
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vande bharat
The Vande Bharat is a semi-high-speed train consisting of 16 self-propelled coaches.

French railway major Alstom has emerged as the lowest bidder for the Rs 30,000-crore tender for manufacturing and maintenance of 100 aluminium body Vande Bharat trains, documents reviewed by Moneycontrol on May 30 show.

The company had a bid of Rs 151 crore per trainset and is looking to manufacture all 100 alluminium Vande Bharat rakes, the documents revealed.

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The consortium comprising Swiss railway rolling stock manufacturer Stadler Rail and Hyderabad-based Medha Servo Drives was the only other player that took part in this tender with a bid of nearly Rs 170 crore per train.

The winning bidder for the Rs 30,000 crore contract to manufacture and maintain 100 aluminium Vande Bharat trains will receive Rs 13,000 crore upon delivery, with an additional Rs 17,000 crore to be paid over 35 years for maintenance.

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