Deals27 Jul 2026, 01:44 pm
Hirect Secures ₹60 Cr Vande Metro Propulsion System Order
AI Summary
Hirect Limited (formerly Hind Rectifiers Limited) has secured its first development order for the Vande Metro (Namo Bharat) trainset from Rail Coach Factory, Kapurthala. The order, valued at approximately ₹60 crores, includes the design, development, manufacture, supply, installation, testing, and commissioning of an IGBT-based 3-phase propulsion system, traction transformers, traction motors, TCMS, and other equipment, along with a comprehensive annual maintenance contract. The project is expected to be executed over 21 months and marks a significant expansion for Hirect into advanced railway technologies and next-generation rolling stock applications, showcasing its indigenous R&D capabilities.
Key Highlights
- Secured first Vande Metro development order worth ₹60 crores.
- Order includes propulsion system, transformers, motors, and TCMS.
- Project execution over 21 months with an AMC.
- Expands Hirect's presence in next-generation trainset applications.
- Demonstrates indigenous R&D capabilities in advanced railway tech.
Price Impact
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