Deals15 Sept 2026, 08:50 pm
Titagarh Rail Systems & BHEL Sign Maintenance Contract for Vande Bharat
AI Summary
Titagarh Rail Systems Limited (TRSL) and Bharat Heavy Electricals Limited (BHEL) have signed a long-term maintenance agreement for Vande Bharat sleeper trainsets. This agreement is part of a larger ₹24,000 crore contract awarded by Indian Railways to the TRSL-BHEL consortium for manufacturing and supplying 80 Vande Bharat sleeper trainsets and their maintenance for 35 years. A Joint Venture Company (JV Company) will be established with equal 50% shareholding from TRSL and BHEL to manage the maintenance operations. This collaboration underscores a commitment to lifecycle-based support for advanced rail systems and contributes to India's vision of self-reliant passenger rail transportation.
Key Highlights
- TRSL and BHEL sign long-term maintenance pact for Vande Bharat sleeper trainsets.
- Agreement is part of a ₹24,000 crore Indian Railways contract.
- A 50:50 JV will be formed for maintenance operations.
- Focus on lifecycle support for advanced passenger rail systems.
- Strengthens TRSL's role in Vande Bharat program and India's rail transport.
Price Impact
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