NEW DELHI (Metro Rail News): The Indian Railways recently awarded Hyderabad-based Medha Servo Drives Pvt. Ltd a ₹2,211 crore tender for procurement of Vande Bharat Express or Train 18.The contract includes designing and manufacturing propulsion, control and other equipment required for making 44 rakes of Vande Bharat-type train sets in a recent development.
“Indian Railways has awarded the work of design and manufacturing of propulsion, control & other equipment for making 44 rakes (16 car each) of ‘Vande Bharat’ type train sets,” the Railway Ministry said via twitter.
“The contract is worth around ₹2,211 crore and has been awarded to the Medha Servo Drives Pvt. Ltd, Hyderabad,” an official was stated saying.
Earlier in August, the Railways had cancelled the tender for the manufacturing of the 44 rakes of Train 18, which has been re-christened as Vande Bharat Express. The scrapped tender had allowed indigenous content of 50%.The move came after the Chinese joint venture company CRRC Pioneer Electric (India) Private Limited emerged as the only foreign bidder among the six contenders for manufacturing the semi-high speed trains.In September, the tender was floated again, mandating 75% local content, making it an indigenous contract.