Russia's TMH, RVNL bid lowest for manufacturing Vande Bharat trains
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Russia's biggest rolling stock manufacturer CJSC Transmashholding (TMH), in partnership with state-owned Rail Vikas Nigam Limited (RVNL), has bid the lowest for the tender to produce 200 Vande Bharat trains in India. Reportedly, the Rs. 58,000cr tender also includes the maintenance of the trainsets for 35 years. The second-lowest bidder was the joint venture of Bharat Heavy Electricals Limited (BHEL) and Kolkata's Titagarh Wagons.