KOLKATA( Metro Rail News): TWL-BHEL Consortium, consisting of Titagarh Wagons Limited and Bharat Electricals Limited, has been declared the 2nd Lowest Bidder (L2) for the project of “Manufacturing cum Maintenance of Vande Bharat Trainsets including Up-gradation of the Government Manufacturing Units & Trainset Depots”. The TWL-BHEL Consortium secured the L2 position with a bid of ₹139.8 crore per train. The RVNL-CJSC consortium won the tender with a bid of ₹120 crore per train. The financial bid opening held on March 1st, 2023, confirmed their L2 status. The project involves the production of 200 trainsets, and as per the tender conditions, L2 is eligible to manufacture 80 trainsets. However, the Letter of Award (LOA) is yet to be received by the TWL-BHEL Consortium. The delivery of the trains will generate ₹26,000 crore upfront payment, while the winning bidder will receive ₹32,000 crore over a 35-year period for the maintenance of the trains.
Titagarh Wagons Limited is a multinational engineering and fabrication group that specializes in manufacturing railway coaches, including EMUs and MEMUs, and wagons. It has its engineering infrastructure located across various regions, including West Bengal, Rajasthan, and Italy.
