: Bombardier, Siemens in race for new Vande Bharat trains #FinanceIndia #StockMarketNEWS #Business New Delhi: Bombardier, Siemens and Bharat Heavy Electricals Ltd are some of the big-ticket firms in

@StockMarketNEWS Wed 09 Feb, 2022

Posted in: #FinanceIndia #StockMarketNEWS #Business

Bombardier, Siemens in race for new Vande Bharat trains #FinanceIndia #StockMarketNEWS #Business
New Delhi: Bombardier, Siemens and Bharat Heavy Electricals Ltd are some of the big-ticket firms in the race for developing the next set of Vande Bharat trains, part of 400 such high-speed trains to be manufactured over the next three years, senior officials said on Wednesday.

They said 44 such trains are already in the manufacturing stage to meet the target of 75 such trains by August 2023 set in the blueprint laid down by Prime Minister Narendra Modi during his Independence Day speech last year.

The Railways has also started the process for procuring propulsion systems for 58 more such trains, officials said.

CG Power Industrial Solutions Limited and Hind Rectifiers Limited both of Mumbai, Electrowaves Electronics Pvt Limited, Parnawoo, Medha Servo Drives Private Limited, Hyderabad, Saini Electrical and Engineering Works and Siemens Limited, both of Navi Mumbai, and Titagarh Wagons Limited, Kolkata, have participated in the tender process, they said.

“Procurement of propulsion system and other items for 44 trainsets (the second version) has been completed and the trains are under manufacture.

“The 58 more will be the next version of trains. While some among the 58 will be part of the remaining trains for the target of 75 set for 2023, the rest will be part of the 400 announced by the finance minister. We are ready with a plan of over 100 such trains,??? an official said.

The first prototype train of the second version of Vande Bharat is likely to be rolled out from ICF, Chennai, in May and the second train by June 2022. After RDSL?&????[][??X[??H?Z[???[?H][????[Y??X[???X?H?[???[KT?[X????]H?YY?[?X[?M??H???[?H??]?Z[???X??H???[?H[???][?]?H?[HZ?X??][?Y?Z????XX??Z[??????M???X????X?M?HX???^H???[???^X?]]?H???????H[??Y?X]????H?^?H??Z[???[[??YH?]?X??[?][?[??[????H?X??M???YY[?M?X????]??Y[??]X[]K[??Y[???Z[?Y[???[K??H]X?[???[H[?XX???X????X?Y?]?]???&???[?[?KX?X??X[?X]?H[?HZ?X??][?[????[K[[?????X]???????[?[??HZ[?????X[H?]?[X[?[???Y?]?YX??Y?^K?ZY]
?]?Y?[??][??[?H??]?Z[???]?]?[???HY??X?Y[??H[???[????Y[??^?Y[??H?[?H]?[?Y[?X[?Y?X??Y[?H?^?YHYX???H????X??Y??Y[Y[??[??X?H???]??[?H??]?Z[??X?Y????H?]?[?[Y?