(LiveMint)
The Railway ministry on Friday said tender for manufacturing 44 semi-high speed Vande Bharat train sets have been cancelled. A fresh tender will be floated within a week as per revised public procurement norms, giving preference to local suppliers.
“Fresh tender will be floated within a week as per Revised Public Procurement (preference to Make in India) order,” an official statement said. Railway ministry did not specify the reason for cancellation of the tender.
The development comes soon after six companies, including CRRC Pioneer Electric submitted bids for semi-high speed Vande Bharat train sets. Of these six companies, CRRC Electric India Pvt Ltd is only company with foreign roots to show interest. The company is a joint venture between China-based CRRC Yongji Electric Co and Gurugram-based Pioneer Fil-Med Pvt Ltd.
