Rail Vikas Nigam has emerged as the Lowest Bidder (L1)for Manufacturing cum Maintenance of Vande Bharat Trainsets including Up-gradation of the Government Manufacturing Units & Trainset Depots in JV with following JV Partners:
1. M/s. Joint Stock Company Metrowagonmash-70%
2. M/s. Joint Stock Company Locomotive Electronic System-5%
3. Rail Vikas Nigam -25%
As per financial opening dated 01.03.2023, the JSC Metrowagonmash-Mytischi-RVNL (JV) has been declared L-1. The total quantity is 200 Trainsets and cost per set is Rs. 120 crore.
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