BEML Ltd to manufacture India’s first bullet train
On September 5, 2024, ICF issued a tender to build two high-speed trainset (also referred as a rake), designed to reach a top speed of 280 km/h and operate at 249 km/h.
State-run BEML Ltd has been awarded the contract for the design, manufacturing, and commissioning of two high-speed trainsets, each comprising eight cars by Integral Coach Factory (ICF), the company said in a filing to the stock exchanges on Tuesday.
“The price of each car is Rs 27.86 crore and the total contract value is Rs 866.87 crore which includes design cost, one-time development cost, non-recurring charges, one time cost towards Jigs, fixtures, tooling and testing facilities, which will be utilised for all future High-Speed projects in India,” the company added. BEML said that this project marks a significant milestone in India’s high-speed rail journey and will see the first indigenously designed and manufactured trainsets with a test speed of 280 kmph.
The company operates in three verticals- Defence & Aerospace, Mining & Construction and Rail & Metro, and has state-of-the-art manufacturing facilities located in Bengaluru, Kolar Gold Fields, Mysore, Palakkad, with R & D infrastructure and nationwide network of sales and services.
On September 5, 2024, ICF issued a tender to build two high-speed trainset (also referred as a rake), designed to reach a top speed of 280 km/h and operate at 249 km/h.
These trains will be part of India’s ambitious 508 km long high-speed rail corridor from Mumbai to Ahmedabad. Initially, the corridor was planned to have Japanese E5 series Shinkansen high-speed trains, but due to high prices quoted by the Japanese companies, the government decided to manufacture these trains domestically.
State-run BEML Ltd has been awarded the contract for the design, manufacturing, and commissioning of two high-speed trainsets, each comprising eight cars by Integral Coach Factory (ICF), the company said in a filing to the stock exchanges on Tuesday.
“The price of each car is Rs 27.86 crore and the total contract value is Rs 866.87 crore which includes design cost, one-time development cost, non-recurring charges, one time cost towards Jigs, fixtures, tooling and testing facilities, which will be utilised for all future High-Speed projects in India,” the company added. BEML said that this project marks a significant milestone in India’s high-speed rail journey and will see the first indigenously designed and manufactured trainsets with a test speed of 280 kmph.
The company operates in three verticals- Defence & Aerospace, Mining & Construction and Rail & Metro, and has state-of-the-art manufacturing facilities located in Bengaluru, Kolar Gold Fields, Mysore, Palakkad, with R & D infrastructure and nationwide network of sales and services.
On September 5, 2024, ICF issued a tender to build two high-speed trainset (also referred as a rake), designed to reach a top speed of 280 km/h and operate at 249 km/h.
These trains will be part of India’s ambitious 508 km long high-speed rail corridor from Mumbai to Ahmedabad. Initially, the corridor was planned to have Japanese E5 series Shinkansen high-speed trains, but due to high prices quoted by the Japanese companies, the government decided to manufacture these trains domestically.