Titagarh Rail And BHEL Form JV For Vande Bharat Sleeper Maintenance
RAILWAYS & METRO RAIL

Titagarh Rail And BHEL Form JV For Vande Bharat Sleeper Maintenance

Titagarh Rail Systems Limited (TRSL) and Bharat Heavy Electricals Limited (BHEL) have moved to create a joint venture to manage long term maintenance of the Vande Bharat Sleeper trainsets their consortium will supply. The companies informed investors through regulatory filings that TRSL's board approved formation of a special purpose vehicle on 19 March to discharge maintenance obligations under the project. BHEL indicated the JV will proceed after securing clearance from the Department of Investment and Public Asset Management.

The joint venture will undertake comprehensive servicing and long term upkeep as part of a contract awarded under the Government of India's Make in India and Atma Nirbhar Bharat initiatives. The consortium has won a contract valued at nearly Rs 240 billion (bn) to manufacture and maintain 80 Vande Bharat Sleeper trainsets for Indian Railways, with maintenance responsibilities spanning 35 years. Each trainset will comprise 16 coaches.

TRSL has set 31 March as the target to complete car bodies for the first rake of the sleeper version and the consortium aims to roll out the first train by the third quarter of the financial year 2027. The JV agreement will be finalised after DIPAM clearance and may be amended to reflect regulatory requirements under the listing regulations. The companies said details required under securities regulations will be disclosed once the agreement is signed.

The arrangement is intended to ensure sustained technical support and adherence to service standards over the three decade plus maintenance term, with the special purpose vehicle focused on lifecycle upkeep and compliance. The move reflects an industry trend towards integrated manufacturing and long term aftersales partnerships for high speed and semi high speed rolling stock. The consortium will be responsible for carrying out scheduled maintenance, overhauls and any contractual performance obligations under the MCMA framework.

Titagarh Rail Systems Limited (TRSL) and Bharat Heavy Electricals Limited (BHEL) have moved to create a joint venture to manage long term maintenance of the Vande Bharat Sleeper trainsets their consortium will supply. The companies informed investors through regulatory filings that TRSL's board approved formation of a special purpose vehicle on 19 March to discharge maintenance obligations under the project. BHEL indicated the JV will proceed after securing clearance from the Department of Investment and Public Asset Management. The joint venture will undertake comprehensive servicing and long term upkeep as part of a contract awarded under the Government of India's Make in India and Atma Nirbhar Bharat initiatives. The consortium has won a contract valued at nearly Rs 240 billion (bn) to manufacture and maintain 80 Vande Bharat Sleeper trainsets for Indian Railways, with maintenance responsibilities spanning 35 years. Each trainset will comprise 16 coaches. TRSL has set 31 March as the target to complete car bodies for the first rake of the sleeper version and the consortium aims to roll out the first train by the third quarter of the financial year 2027. The JV agreement will be finalised after DIPAM clearance and may be amended to reflect regulatory requirements under the listing regulations. The companies said details required under securities regulations will be disclosed once the agreement is signed. The arrangement is intended to ensure sustained technical support and adherence to service standards over the three decade plus maintenance term, with the special purpose vehicle focused on lifecycle upkeep and compliance. The move reflects an industry trend towards integrated manufacturing and long term aftersales partnerships for high speed and semi high speed rolling stock. The consortium will be responsible for carrying out scheduled maintenance, overhauls and any contractual performance obligations under the MCMA framework.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code