1 hr ago
BHEL, Titagarh Rail Systems Sign 35-Year Vande Bharat Deal
BHEL and Titagarh Rail Systems are joining together to care for new Vande Bharat sleeper trains.
They will create a company that they own equally.
The company will look after 80 trainsets.
This maintenance work will continue for 35 years.
The project is part of a larger Indian Railways contract worth Rs 24,000 crore.
That larger contract also includes making and supplying the trains.
It includes upgrading some government factories and train depots.
Titagarh said the agreement shows its commitment to supporting trains throughout their working lives.
BHEL and Titagarh Rail Systems signed an agreement to create a 50:50 joint venture.
The joint venture will maintain 80 Vande Bharat sleeper trainsets for 35 years.
The maintenance work is part of a broader Rs 24,000 crore Indian Railways project.
The consortium will also manufacture and supply trainsets and upgrade government facilities and depots.
Titagarh said the agreement strengthens its long-term role in the Vande Bharat programme.
- Who
- BHEL and Titagarh Rail Systems, which will each own 50% of the joint venture.
- What
- They agreed to establish a joint venture to provide long-term maintenance for 80 Vande Bharat sleeper trainsets.
- Where
- The work is connected to an Indian Railways project; no specific signing location is stated.
- When
- The agreement was signed on September 15, 2026.
- Why
- To undertake 35 years of comprehensive trainset maintenance under a broader Rs 24,000 crore Indian Railways contract.
Key facts
- Companies
- BHEL and Titagarh Rail Systems
- Joint venture ownership
- 50% each
- Trainsets covered
- 80 Vande Bharat sleeper trainsets
- Maintenance period
- 35 years
- Overall project value
- Rs 24,000 crore
- Agreement date
- September 15, 2026
- Additional consortium responsibilities
- Manufacturing and supplying trainsets, plus upgrading government manufacturing units and trainset depots
Quotes
Umesh Chowdhary
Vice Chairman and Managing Director of Titagarh Rail Systems
“The signing of this long-term maintenance agreement is an important milestone in Titagarh’s journey and further strengthens our association with the Vande Bharat programme.”
businesstoday.in
Sources
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