+
Alstom Emerges as Lowest Bidder for Vande Bharat Trainsets
RAILWAYS & METRO RAIL

Alstom Emerges as Lowest Bidder for Vande Bharat Trainsets

French railway giant Alstom has emerged as the preferred bidder for the production and maintenance of 100 aluminium Vande Bharat trainsets, worth Rs 30,000 crore. Alstom, a key player in India's railway and urban transport sector, offered a bid of Rs 150.99 crore per trainset.

The consortium of Swiss rolling stock company Stadler Rail and India's Medha Servo followed closely with a bid of Rs 169.9 crore per trainset. Only these two players made the cut during the tender's technical bid opening on February 23. The manufacturing cost will be paid upon delivery, with the remaining Rs 17,000 crore covering maintenance for 35 years.

Alstom had previously lost the bid for the mega order of 200 stainless steel Vande Bharat trains, with its bid for aluminium trainsets being Rs 30 crore higher per unit. The higher cost is attributed to the higher speed capability and energy efficiency of the aluminium trainsets. However, the Indian Railways currently lacks tracks for such speeds.

The introduction of sleeper-class Vande Bharat trains is also expected with the pipeline of 300 trainsets, with the first sleeper Vande Bharat anticipated to launch in early 2024.

Also Read
Tata allocates Rs 76 billion to support electronics business expansion
India expands scope of semiconductor ambitions, Vedanta seeks lifeline

French railway giant Alstom has emerged as the preferred bidder for the production and maintenance of 100 aluminium Vande Bharat trainsets, worth Rs 30,000 crore. Alstom, a key player in India's railway and urban transport sector, offered a bid of Rs 150.99 crore per trainset. The consortium of Swiss rolling stock company Stadler Rail and India's Medha Servo followed closely with a bid of Rs 169.9 crore per trainset. Only these two players made the cut during the tender's technical bid opening on February 23. The manufacturing cost will be paid upon delivery, with the remaining Rs 17,000 crore covering maintenance for 35 years. Alstom had previously lost the bid for the mega order of 200 stainless steel Vande Bharat trains, with its bid for aluminium trainsets being Rs 30 crore higher per unit. The higher cost is attributed to the higher speed capability and energy efficiency of the aluminium trainsets. However, the Indian Railways currently lacks tracks for such speeds. The introduction of sleeper-class Vande Bharat trains is also expected with the pipeline of 300 trainsets, with the first sleeper Vande Bharat anticipated to launch in early 2024. Also Read Tata allocates Rs 76 billion to support electronics business expansion India expands scope of semiconductor ambitions, Vedanta seeks lifeline

Next Story
Infrastructure Energy

BMW Industries partners with IOCL for PNG supply at Bokaro plant

BMW Industries has entered into a strategic partnership with Indian Oil Corporation (IOCL) for the supply of Piped Natural Gas (PNG), reinforcing its commitment to adopting cleaner and more efficient energy sources for its operations.The agreement was signed at the Eastern Region Pipelines (ERPL) headquarters in Kolkata. The partnership is expected to support the company’s upcoming manufacturing facility in Bokaro by facilitating the use of natural gas as a primary energy source.According to the company, the adoption of PNG will help enhance operational efficiency while also contributing to ..

Next Story
Real Estate

Bombay Realty Secures RERA for Three ICC Tower in South Mumbai

Bombay Realty, the real estate arm of Bombay Dyeing and part of the Wadia Group, has received Real Estate Regulatory Authority (RERA) certification for Three ICC – Wing A, the latest luxury residential tower at Island City Center in Mumbai’s Dadar.The RERA registration marks a key milestone in the development timeline and reinforces the company’s focus on regulatory transparency, timely project delivery, and high construction standards.Following the success of One ICC and Two ICC, the upcoming Three ICC tower represents the next phase of the Island City Center development. The project ai..

Next Story
Infrastructure Energy

Flender launches India’s largest wind gearbox test rig in Walajabad

Flender has inaugurated a 13.5 MW wind turbine gearbox test rig at its Walajabad facility near Chennai, marking the largest installation of its kind in India. The new facility is expected to strengthen the company’s manufacturing and testing capabilities while supporting the growing demands of the wind power sector in both domestic and global markets.The test rig was inaugurated on March 5 in the presence of Andreas Evertz, Group CEO, Flender; Lars Wiegemann, Vice President Wind Gears, Flender; and Vinod Shetty, CEO, Flender India, along with key industry customers and stakeholders.The insta..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement