Six companies, Bharat Heavy Electricals Ltd (BHEL), Bharat Industries, Electrowaves Electronics, Medha Servo Drives, Powernetics Equipment and CRRC Pioneer Electric, have submitted bids for semi-high speed Vande Bharat train sets, railway ministry official said yesterday (Friday, 10th July 2020).
Of these six companies, CRRC Electric India Pvt Ltd is only company with foreign roots to show interest. The company is a joint venture between China-based CRRC Yongji Electric Co and Gurugram based Pioneer Fil-Med Pvt Ltd.
“We have got bids from six players for the train set tender,” railway board chairman Vinod Kumar Yadav said on Friday.
This current tender was floated on December 22 last year by the Integral Coach Factory (ICF), Chennai, and was opened yesterday. Floated under the Make in India initiative, the tender was for the supply of electrical equipment and other items for 44 train sets of 16 coaches each.
Officials said going by the cost of manufacturing the first Train 18 which was launched last year at an expense of Rs 100 crore out of which Rs 35 crore was for the propulsion system alone, the present tender for 44 such kits would be worth over Rs 1,500 crore.
A railway ministry official said it may take at least two-and-a-half year for the next Train 18 to be manufactured. The railway minister has planned to produce 160 coaches in 2019-20, 240 coaches in 2020-21 and 240 coaches in 2021-22 at the ICF.