Vande Bharat: Rlys scraps tender

NEW DELHI: The Indian Railways has cancelled a global tender for manufacturing 44 sets of semihigh speed Vande Bharat trains, the ministry of railways announced late on Friday.

“Tender for manufacturing of 44 sets of semi high speed train set (Vande Bharat) has been cancelled. Fresh tender will be floated within a week as per Revised Public Procurement (Preference to Make in India) order,” an official statement from the ministry said. The ministry did not specify the reason behind the cancellation of the tender.

The announcement has come in the backdrop of the Chinese joint venture company,

CRRC Pioneer Electric (India) Private Limited, emerging as the only foreign bidder for the tender floated in July by railways’ Integral Coach Factory, Chennai.

The JV was established by China-based CRRC Yongji Electric Co. Ltd. and Gurugram-based Pioneer Fil-med Private Limited in 2015.