Railways cancels tender for 44 Vande Bharat trains after Chinese JV bids

The railways said on Friday it has cancelled the tender for manufacturing 44 semi-high speed Vande Bharat Express trains, which was floated last year.

Last month, when the tender was opened, a Chinese joint venture firm -- CRRC Pioneer Electric (India) Private Limited -- had emerged as the only foreign player among the six contenders for the supply of electrical equipment and other items for the 44 train sets of 16 coaches each.

The JV was formed between the China-based CRRC Yongji Electric Company Limited and the Gurugram-based Pioneer Fil-med Private Limited in 2015.

"Tender for manufacturing of 44 nos