Russia lowest cost bidder for Vande Bharat trains |
Transmashholding, Russia`s largest rolling stock maker, has emerged as the lowest bidder for the tender to manufacture 200 Vande Bharat train sets in India. Transmashholding`s company Metrowagonmash, in partnership with Indian Railway PSU Rail Vikas Nigam Limited (RVNL), has quoted ₹120 crores per trainset, the lowest, at a time when New Delhi is under pressure to reduce its trade ties with Moscow. Indian engineering major Bharat Heavy Electricals Limited (BHEL) and Kolkata-based Titagarh Wagons tie-up has emerged as the second lowest bidder quoting Rs 139.8 crores per train set. The tender, the biggest Vande Bharat induction call in one go by India so far, seeks to bring in sleeper versions of the marquee train, along with the current seating-only types.
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