Industry

Current GK (CDS) CDS Exam

Title

45:30

Video Progress

8 of 24 completed

Notes Progress

5 of 15 completed

MCQs Progress

38 of 100 completed

Subjective Progress

8 of 20 completed

Continue to Next Topic

Indian Economy - Understanding the basics of Indian economic system

Next Topic

Study Notes

02-Jun-23

Download PDF

French company Alstom to make 100 Vande Bharat trains

Alstom has bagged the prestigious order worth over Rs 36,000 crore for making 100 aluminium bodied Vande Bharat trains with Sleeper facility and a speed of 200 kmph.

There were only two major rolling stock giants — Alstom and Medha who were in the race for manufacturing 100 lightweight Vande Bharat trains.
Both were technically qualified and the finance bid was opened on 30 May.
While Alstom has quoted Rs 150.9 crore for making one aluminium bodied Vande Bharat with Sleeper facility and became the lowest bidder, Medha quoted Rs 169 crore and lost out to the former.
Alstom is expected to manufacture the train at the Railways' facility of Sonepat in Haryana.With the provision of 35 years of maintenance, the order is estimated to cost Rs 36,200 crore without tax and price variation clause.

By: Brijesh Kumar

Profile ResourcesReport error

Trial Period Ended