TMH-RVNL tie-up places lowest bid for 200 Vande Bharat trains
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According to sources, a consortium of TMH and RVNL has placed a bid of Rs 120 crore for a Vande Bharat train set. This is even less than the Rs 128 crore manufacturing cost incurred on the Vande Bharat trains made by ICF-Chennai.
Russian company CJSC Transmashholding and Rail Development Corporation Ltd. (TMH-RVNL) has made the lowest bid for the Rs 58,000-crore contract for manufacturing and maintenance of 200 Vande Bharat trains. Official sources gave this information on Wednesday. According to sources, a consortium of TMH and RVNL has placed a bid of Rs 120 crore for a Vande Bharat train set. This is even less than the Rs 128 crore manufacturing cost incurred on the Vande Bharat trains made by ICF-Chennai.
According to sources, the second lowest bidder for this huge contract was Bharat Heavy Electricals Ltd. (BHEL) and Titagarh Wagons in alliance. A consortium of BHEL and Titagarh Wagons has bid for Rs 140 crore per train set. Officials, however, said the alliance would be given a chance to match the lowest bid to win the tender. The contract, worth around Rs 58,000 crore, includes the manufacture and maintenance of 200 Vande Bharat trains for 35 years.
Disclaimer:IndiaTheNews has not edited this news. This news has been published from PTI-language feed.
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