Tender for 100 Vande Bharat trains got cancelled

The Indian Railways has cancelled its ₹30,000-crore tender for manufacturing and maintenance of 100 aluminium body Vande Bharat trains, Olivier Loison, Managing Director, Alstom India, told  in an interview. 

According to railway officials, the tender panel found the French multinational company’s (MNC) bidding price of ₹150.9 crore per train set to be too high and urged it to cap it at ₹140 crore.

However, Alstom India wanted to seal the deal at around ₹145 crore per train set.

The French company had emerged as the lowest bidder for the ₹30,000 crore tender, which was opened on May 30, 2023.

The firm had made a bid of  ₹150.9 crore per train set and was looking to manufacture all 100 Vande Bharat rakes, told sources

Emails sent to the Ministry of Railways remained unanswered till the time of publishing.