BEML bags India’s First Bullet Train Contract of Rs 867 Crore
BEML has been bagged a contract of Rs 867 crore for manufacturing, designing and commissioning two high-speed train sets and this project will be marked as the first indigenous work done in this segment. According to the reports, the Railway Ministry has asked ICF to build the two sets of trains that can go upto a speed of 250 kilometers as per hour.
BEML stated in the official exchange disclosure statement that, “The price of each car is Rs 27.86 crore and the total contract value is Rs 866.87 core which includes design cost, one-time development cost, non-recurring charges, one time cost towards jigs, fixtures, tooling and testing facilities, which will be utilized for all future high-speed projects in India.”
This set of two trains will be built at the BEML’s Bengaluru rail coach complex and the project is scheduled to be delivered by the end of 2026.
After much anticipated negotiations to acquire Japanese Bullet trains failed, the Railway set out to build its own trains. Though it's not officially declared that the trains that would be delivered by BEML would be for the Mumbai-Ahmedabad High Speed Rail Corridor.
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