Rail Vikas Nigam (RVNL) has been 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 Joint Stock Company Metrowagonmash (70 per cent), Joint Stock Company Locomotive Electronic System (5 per cent) and RVNL (25 per cent).
As per financial opening dated March 01, 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.
Rail Vikas Nigam is in the business of executing all types of railway projects including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable stayed bridges, institution buildings etc.
