Medha Servo Drives will manufacture and supply 44 train sets. The procurement includes five years of a comprehensive annual maintenance contract with the supplier. The Medha Group is focused on rail transportation and was founded in 1984.
The Railways has awarded Hyderabad-based Medha Servo Drives Pvt Ltd a Rs 2,211-crore contract for designing and manufacturing propulsion, control and other equipment required for making 44 rakes of Vande Bharat-type train sets, a ministry spokesperson said on Thursday.
The entire contract is a ‘Make in India’ project with 90% of domestic content, the ministry added.
Vande Bharat is a semi-high speed train. The move came after the Chinese joint venture company CRRC Pioneer Electric (India) Private Limited emerged as the only foreign bidder among the six contenders for manufacturing the semi-high speed trains. In September, the tender was floated again.
According to the railway officials, train sets shall be manufactured at the Integral Coach Factory, Chennai; Rail Coach Factory in Kapurthala, Punjab; and the Modern Coach Factory in Raebareli, Uttar Pradesh. The Integral Coach Factory manufactured the first two Vande Bharat trains. Those trains run on two routes- Varanasi and New Delhi, New Delhi and Katra.
