BEML Emerges as Lowest Bidder for Bangalore Metro Rolling Stock Tender
RAILWAYS & METRO RAIL

BEML Emerges as Lowest Bidder for Bangalore Metro Rolling Stock Tender

According to sources from the Metro, the rolling stock tender for 72 coaches (12 six-car train sets) was opened on Friday, and BEML has emerged as the lowest bidder. These tenders were initiated by BMRCL in April last year as a contingency plan in case the contracted Chinese firm CRCC failed to deliver the promised 216 coaches for the RV Road to Bommasandra Line.

A reliable source from the Metro stated, "BEML (L-1) has submitted a bid of Rs 106 million per car, while ALSTOM (L-2), the second-place bidder, has quoted Rs 140.2 million per car." It is worth noting that this rate is higher than BEML's recent quote of Rs 77.4 million per car for the 318 cars required for the Underground corridor (Reach-6), ORR (Phase-2A), and Airport Line (Phase-2B).

In December 2019, BMRCL signed a contract worth Rs 15.78 billion with CRCC for 216 coaches, to be delivered by their subsidiary Nanjing Puzhen. However, the Chinese company encountered difficulties in establishing a factory at Sri City in Andhra Pradesh for coach manufacturing.

When asked about the outcome of the back-up tender, considering that the original contract is still in effect, BMRCL MD Anjum Parwez stated, "We need to decide whether to proceed based on the rates quoted by the L1 bidder in this tender and the previous tender for 318 coaches, which was opened recently."

According to sources from the Metro, the rolling stock tender for 72 coaches (12 six-car train sets) was opened on Friday, and BEML has emerged as the lowest bidder. These tenders were initiated by BMRCL in April last year as a contingency plan in case the contracted Chinese firm CRCC failed to deliver the promised 216 coaches for the RV Road to Bommasandra Line. A reliable source from the Metro stated, BEML (L-1) has submitted a bid of Rs 106 million per car, while ALSTOM (L-2), the second-place bidder, has quoted Rs 140.2 million per car. It is worth noting that this rate is higher than BEML's recent quote of Rs 77.4 million per car for the 318 cars required for the Underground corridor (Reach-6), ORR (Phase-2A), and Airport Line (Phase-2B). In December 2019, BMRCL signed a contract worth Rs 15.78 billion with CRCC for 216 coaches, to be delivered by their subsidiary Nanjing Puzhen. However, the Chinese company encountered difficulties in establishing a factory at Sri City in Andhra Pradesh for coach manufacturing. When asked about the outcome of the back-up tender, considering that the original contract is still in effect, BMRCL MD Anjum Parwez stated, We need to decide whether to proceed based on the rates quoted by the L1 bidder in this tender and the previous tender for 318 coaches, which was opened recently.

Next Story
Infrastructure Urban

ClickPost Launches Atlas to Benchmark E-commerce Logistics

ClickPost, a leading logistics intelligence platform, has launched Atlas, a subscription-based benchmarking tool designed to transform how e-commerce brands strategise logistics. Powered by ClickPost’s proprietary network, which processes over 50 million shipments each month, Atlas enables brands to benchmark key operational metrics in real time against industry peers and standards.Unlike traditional dashboards, Atlas delivers comparative insights—from fulfilment speeds, RTO rates and average order values to city-level delivery times and sales data—allowing brands to identify operational..

Next Story
Real Estate

Kalyani Launches Two New LivingTree Towers in Bengaluru

Bengaluru-based Kalyani Developers has announced the launch of Towers 3 and 4 at its flagship residential project, Kalyani LivingTree, located in KIADB Aerospace Park. The expansion adds 525 premium 3BHK apartments, ranging from 1300 to 1600 sq ft, and over 7.5 lakh sq ft of built-up area. Prices start from Rs 1.2 crore.These towers, the most exclusive in Phase 1, offer uninterrupted pool and landscape views, and access to over 60 lifestyle amenities, two clubhouses totalling 1 lakh sq ft, and more than 80 per cent open space.LivingTree spans 25 acres and will comprise ten towers of 23–24 fl..

Next Story
Infrastructure Urban

Blue Water Logistics IPO opens May 27

Hyderabad-based Blue Water Logistics is launching its Rs 40.5 crore IPO on May 27, 2025, which will remain open for subscription until May 29. The price band has been set at Rs 132 to Rs 135 per share, with a lot size of 1,000 shares. This is a book-built issue entirely comprising a fresh issue of 30 lakh equity shares. The IPO will be listed on the NSE Emerge platform.Smart Horizon Capital Advisors is the sole book-running lead manager, while Maashitla Securities will act as the registrar. The anchor book will open on May 26, 2025. The IPO allocates 8,35,000 shares to anchor investors, 1,56,0..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?