Railways invites bids for Rs 2,500-crore ‘train set’ project

By PTI  economictimes.indiatimes.com

NEW DELHI: The Railways has invited global players for a Rs 2,500-crore project it has lined up under Prime Minister Narendra Modi’s ambitious ‘Make in India’ programme for the procurement and manufacture of 15 train sets which will be used for faster inter-city travel.

While the successful bidder will be importing two train sets, the rest would have to be manufactured in the country, said a senior Railway Ministry official.

A train set comprises coaches or railway cars where each coach is powered by a dedicated propulsion system. That means there is no locomotive required to haul the train.

Introduction of the much-awaited train set project was announced by the Railway Minister Suresh Prabhu in his Rail Budget 2015-16. More info

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