+
Indian-Russian JV Contract for 120 Vande Bharat Trains
RAILWAYS & METRO RAIL

Indian-Russian JV Contract for 120 Vande Bharat Trains

For the production of 120 Vande Bharat trains with sleeper coaches, the Indian Railways has awarded a letter of award to JSC Metrovagonmash-Mytischi (TMH), a Russian firm with experience in the production of railroad rolling stock. The Russian business and Rail Vikas Nigam Ltd, a public sector organisation in India, are partners in a joint venture (RVNL).

With a price of $14.6 million per train, the joint venture won the tender procedure as the lowest bidder. The coaches would be produced in Latur, in the Indian state of Maharashtra, according to media reports on the joint Russian-Indian business.

According to the Railways, TMH-order RVNL's could be increased to 200. The second-lowest bidder was informed by the Indian Railways that it was prepared to make an offer to produce 80 trains for them if they could match the India-Russian venture's bid price.

An Indian joint venture between Titagarh Wagons and the public sector company Bharat Heavy Electricals Ltd (BHEL) was the second-lowest bidder. The offer from the Titagarh-BHEL cooperation was around $17 million per train.

For the production of 120 Vande Bharat trains with sleeper coaches, the Indian Railways has awarded a letter of award to JSC Metrovagonmash-Mytischi (TMH), a Russian firm with experience in the production of railroad rolling stock. The Russian business and Rail Vikas Nigam Ltd, a public sector organisation in India, are partners in a joint venture (RVNL). With a price of $14.6 million per train, the joint venture won the tender procedure as the lowest bidder. The coaches would be produced in Latur, in the Indian state of Maharashtra, according to media reports on the joint Russian-Indian business. According to the Railways, TMH-order RVNL's could be increased to 200. The second-lowest bidder was informed by the Indian Railways that it was prepared to make an offer to produce 80 trains for them if they could match the India-Russian venture's bid price. An Indian joint venture between Titagarh Wagons and the public sector company Bharat Heavy Electricals Ltd (BHEL) was the second-lowest bidder. The offer from the Titagarh-BHEL cooperation was around $17 million per train.

Next Story
Infrastructure Energy

Reliable Energy Storage Vital for 24/7 Renewable Power: TKIL

Reliable, scalable, and efficient energy storage systems are essential to ensuring uninterrupted renewable energy supply, said engineering firm TKIL Industries at the India Energy Storage Week (IESW) 2025.India aims to achieve 500 GW of renewable energy capacity within the next five years.Speaking at IESW, organised by the India Energy Storage Alliance (IESA), Vivek Bhatia, Managing Director and CEO of TKIL Industries, emphasised that the country’s energy sector is experiencing a major transformation. This shift is being driven by innovations in storage technology, aimed at improving grid re..

Next Story
Infrastructure Energy

IIT Madras, Hyundai Launch £17m Hydrogen Research Centre

The Indian Institute of Technology Madras (IIT Madras) and Hyundai Motor India Ltd (HMIL) have announced the establishment of the Hyundai HTWO Innovation Centre, a cutting-edge hydrogen research facility set to begin operations by 2026.The Rs 180 crore (approx. £17 million or USD 21.5 million) project will be located at IIT Madras' Discovery Campus in Thaiyur, near Chennai. Of the total, Rs 100 crore (approx. £9.4 million) has been committed by HMIL and its philanthropic arm, Hyundai Motor India Foundation (HMIF), with support from the Government of Tamil Nadu and its investment promotion ag..

Next Story
Infrastructure Energy

India’s Hydrogen Demand to Hit 8.8 MTPA by 2032: IESA Report

India’s hydrogen demand is projected to grow at a compound annual growth rate (CAGR) of 3 per cent, reaching 8.8 million tonnes per annum (MTPA) by 2032, according to a report released by the India Energy Storage Alliance (IESA).Unveiled on the first day of the India Energy Storage Week (IESW) 2025, the report points out a gap between ambitious project announcements and actual progress. While green hydrogen (GH₂) projects totalling 9.2 MTPA have been announced, only a limited number have reached Final Investment Decision (FID) or secured long-term domestic or international offtake agreemen..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?