Railways cancels tender for manufacturing 44 Vande Bharat Express rakes

Aug 22, 2020
New Delhi:  Indian Railways on Friday cancelled the tender for the manufacturing of 44 rakes of Train 18, which has been re-christened as Vande Bharat Express, and said a fresh tender will be floated within a week’s time, focusing on Make in India as a Chinese Joint Venture also applied as a foreign bidder.

The Ministry of Railways in a statement said: “Tender for manufacturing of 44 sets of semi high-speed train set (Vande Bharat) has been cancelled.”

“A fresh tender will be floated within a week as per revised public procurement (Preference to Make in India) order,” it added.

The decision came after the Chinese joint venture company CRRC Pioneer Electric (India) Private Limited emerged as the only foreign bidder for the global tender floated for manufacturing 44 rakes of Vande Bharat trains.

The Chennai-based ICF has invited bids for procurement of electric traction kits for Train 18, the country’s first self-propelled train without locomotives.

Train 18 was manufactured by ICF, which is owned by the Indian Railways, with over 80 per cent indigenous materials and was rolled out in October 2018 amidst much fanfare.

The train was later re-christened as Vande Bharat express and was introduced between New Delhi and Varanasi, Prime Minister Narendra Modi’s parliamentary constituency, in February last year. In October last year, the second Vande Bharat Express train was introduced between New Delhi and Katra.

In November 2019, the railway board gave a go-ahead to ICF to resume manufacturing of the semi high-speed trains. Subsequently, the ICF had called for bids for procuring electric traction kits for 44 train sets. Each set of trains has got 16 coaches.

In December last year, Indian Railways had planned to complete the production of 44 more new rakes on India’s 75th Independence day. All the coaches of Vande Bharat Express have a stainless steel car body equipped with automatic doors with sliding footsteps, on-board computers for train control and remote monitoring. The coaches also have a GPS-based audio-visual passenger information system, on-board hotspot WiFi and comfortable seating arrangements.IANS

Sensex, Nifty witness worst week since March 15 amid Iran-Israel conflict

Mumbai: Ending a four-day losing streak, India's benchmark indices closed higher on Friday led by HDFC Bank and Bajaj Finance, among other factors. The Sensex ended 599 points, or 0.83...

UNCTAD forecasts India’s GDP growth at 6.5 pc in 2024

New Delhi: The latest UN Conference on Trade and Development (UNCTAD) report released on Tuesday forecasts global economic growth at 2.6 per cent in 2024 barely above the 2.5 per...

‘Above normal monsoon rainfall in 2024 bodes well for agricultural sector’

Chennai: The India Meteorological Department's (IMD) above-normal rainfall forecast for 2024 southwest monsoon (June-September) bodes well for the agriculture sector and will also keep a check on food prices, an...

RBI projects GDP growth at 7 pc for 2024-25, retail inflation seen at 4.5 pc

Mumbai: India's GDP growth for 2024-25 is projected at 7 per cent while the forecast for inflation for the year has been retained at 4.5 per cent, RBI Governor Shaktikanta...

RBI leaves key repo rate unchanged, focus on keeping inflation in check

Mumbai: The Reserve Bank of India (RBI), on Friday, left the key policy rate unchanged at 6.5 per cent in its monetary policy review for the seventh consecutive time, with...

RBI may cut repo rate only in Q3 FY25: SBI economist

Chennai, April 2 (IANS) The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) may cut repo rate only in the third quarter of FY25 and not before, said a...

World should develop the concept of Green GDP: PM Modi

New Delhi: Prime Minister Narendra Modi on Friday said India is making rapid advancements in the renewable energy sector, like solar, wind energy and green hydrogen, thus building 'Green GDP'...

US court orders Byju’s to freeze $533 million owed to lenders

New York: The steering committee representing term-loan lenders of Byju's $1.2 billion loan on Friday said that a US judge has ordered to prohibit further movement or use of $533...

Strong demographic trend a structural positive for India: Morgan Stanley

New Delhi: India’s demographic trend of a younger workforce positions it positively as most large economies face shrinking working-age populations and tight labour markets, global brokerage, Morgan Stanley said. Per...

EAM Jaishankar calls FTA with four European nations ‘a bold achievement’

New Delhi: Calling the signing of the India-EFTA Trade and Economic Partnership Agreement (TEPA) a "bold achievement", External Affairs Minister S. Jaishankar said on Sunday that the move reflects a...

India has 8,000 startups led by women with $23 bn in funding: Report

New Delhi: India is now home to more than 8,000 startups that have women founders with a cumulative funding of nearly $23 billion till now, a report showed on Thursday....

RBI’s punitive actions will keep NBFCs on the edge

New Delhi: In continuation with its system clean-up mission, the RBI imposed an embargo on IIFL’s gold loan business on March 4 and on JM Financial Products’ (subsidiary of JM...

Read Previous

50 kg ovarian tumour removed from Delhi woman

Read Next

EU will to work to save Iran nuclear deal: Borrell

Leave a Reply

Your email address will not be published.

WP2Social Auto Publish Powered By : XYZScripts.com