X
Bihar polls
Chirag energetic leader, puts forth issues with commitment: Tejasvi SuryaEditorial: Bihar polls outcome will have a bearing far beyond the stateOpinion: Who’s afraid of Nitish Kumar?Campaigning for Round 1 ends; Tejashwi sets pace with 13 rallies on last dayBihar elections — Baruraj: ‘Aadmi aasha ki taraf hee naa jayega?’Quixplained: Alliances to vote banks, all your questions on the Bihar polls answeredMadan Mohan Jha interview: ‘Article 370 not an issue in Bihar…Modiji tries to divert attention'Explained: Why is RJD veteran Shivanand Tiwari silent?
Advertisement

Chinese firm sole foreign bidder, Railways cancels tender for Vande Bharat trainsets

Sources said this was on the cards since it emerged that none of the globally renowned rolling stock manufacturing companies from Europe had participated in the international tender.

Chinese state-owned rolling stock major CRRC Corporation had emerged as the only foreign player to bid for the Railways’ tender for its ambitious semi-high speed Train 18 project on July 10. (Express photo by Prem Nath Pandey)

More than a month after a state-owned Chinese rolling stock major emerged as the sole foreign company in the bid to manufacture 44 Vande Bharat trainsets, Indian Railways Friday cancelled the tender and said a fresh tender will be called within a week as per India’s revised public procurement policy. The policy took shape over the past month or so in the wake of tension with China over a border standoff.

“Fresh tender will be floated within a week as per Revised Public Procurement (Preference to Make in India) order,” Ministry of Railways said in a statement late Friday.

Sources said this was on the cards since it emerged that none of the globally renowned rolling stock manufacturing companies from Europe had participated in the international tender.

https://images.indianexpress.com/2020/08/1x1.png

In the meantime, the rolling stock industry had been pointing out technical issues in the tender requirements while explaining why they gave this large tender a miss, the sources said. Industry sources said they had also been seeking certain technical revisions in the tender for better participation.

Opinion| A new social contract: We need to fundamentally reform our labour markets

Chinese state-owned rolling stock major CRRC Corporation had emerged as the only foreign player to bid for the Railways’ tender for its ambitious semi-high speed Train 18 project on July 10.

CRRC had entered into a joint venture with a Gurgaon-based company to place its bid under the name CRRC Pioneer Electric (India) Private Limited.

It was one of the six contenders for the tender for procuring propulsion systems or electric traction kits for 44 trains — to be branded as Vande Bharat Express or Train 18.

Other contenders among the total six bidders included Bharat Heavy Electricals Ltd, Hyderabad-based Medha Group — one of the makers of the existing Vande Bharat rakes — Electrowaves Electronic Pvt Ltd and Mumbai-based Powernetics Equipments Pvt Ltd.

Explained|  Why private firms are being invited to run trains in India, and how the model will work

Officials said that going by the cost of manufacturing the first Train 18, which was launched last year — it was Rs 100 crore, of which Rs 35 crore was for the propulsion system alone — the present tender for 44 such kits would have been worth over Rs 1,500 crore.

Major players in the industry like Bombardier, Alstom, Siemens, CAF, Talgo and Mitsubishi did not participate in the bid.

📣 The Indian Express is now on Telegram. Click here to join our channel (@indianexpress) and stay updated with the latest headlines

For all the latest India News, download Indian Express App.

Latest
Newsletters
Next Story
X