BEML wins order of Rs 866 cr from Integral Coach Factory (ICF), Chennai | Capital Market News

Last Updated : Oct 15 2024 | 2:51 PM IST

BEML has been awarded a contract for the design, manufacturing, and commissioning of two high-speed trainsets, each comprising 8 cars by Integral Coach Factory (ICF), Chennai. 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. 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 trainsets will be built at BEML’s Bengaluru rail coach complex and are scheduled for delivery by the end of 2026. Featuring a fully air-conditioned, Chair Car configuration, the trains will offer modern passenger amenities such as reclining and rotatable seats, special provisions for passengers with restricted mobility, and onboard infotainment systems.

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This contract further strengthens BEML’s position as a leader in rolling stock manufacturing and reaffirms its commitment to India’s vision of a faster, more efficient rail network.

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First Published: Oct 15 2024 | 2:44 PM IST

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