Economy News

Vande Bharat Tender of Rs 2,211 crore goes to Medha Servo Drives

The Indian Railway on January 22, 2020 awarded a tender for Rs 2,211 crore for 44 rakes of Vande Bharat train sets to Medha Servo Drives. It is a Hyderabad based indigenous railway products’ manufacturer.

This contract is made for the purpose of design, development, manufacture, supply, integration, testing and commissioning of IGBT based 3-phase propulsion.

Also, this tender will comprise of control and other equipment which will comprise of 16 car each.

The tender had three bidders among those Medha Servo won the flagship.

The Railways however cancelled the tender in 2020 after the CRRC Pioneer Electric (India) stood the only foreign bidder among six contenders for manufacturing the semi-highspeed trains.

The tender was released again in September last year in 2020. There were only two valid bids earlier which were Medha Servo Drives and the Bharat Heavy Electricals.

The manufacturing of the new train sets will happen in three units of Indian Railway.

24 rakes will comprise of Integral Coach Factory in Chennai, 10 rakes at the Rail Coach Factory in Kapurthala, and 10 rakes at the Modern Coach Factory in Raebareli.

According to the delivery schedule, the first 2 prototype rakes will be delivered in 20 months, after successful commissioning, rest will be delivered at average of 6 rakes per quarter.

However, this procurement includes a 5 years comprehensive annual maintenance term with the supplier.

The Railways announced on social media that this project will be completed under the “Make in India” policy including 90 percent of the domestic content.

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