Chinese company to lose Rs. 1500 cr tender for 44 Vande Bharat trains

NEW DELHI (Metro Rail News): CRRC Corporation, the Chinese state-owned company to lose the bid as Indian Railways might not consider the alone foreign player in the tender for the semi-high speed indigenous (Vande Bharat Express) Train 18 project.

The bid opened in last week and the CRRC has emerged the only foreign company. The bid for the global tender worth around Rs 1,500 crore for manufacturing 44 of the trains called ‘Vande Bharat Express’ was floated in December last year by the Integral Coach Factory (ICF), Chennai.