According to the latest information from ET Now, India is preparing for new major tenders for the supply of electric trains, as reported by the railway magazine Railway Supply, citing Rollingstock.

Indian Railways, the carrier, plans to soon announce a tender for the procurement of 200 third-generation Vande Bharat trains.

The estimated cost of this procurement is 250 billion rupees ($3 billion), which is 10 billion rupees ($120.7 million) less than the previous tender.

In turn, the Ministry of Railways in India has approved the allocation of 200 billion rupees ($2.4 billion) for the purchase of 238 alternating current trains for the Mumbai suburban lines.

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In the previous tender for the supply of 200 Vande Bharat trains, a consortium consisting of TMH, RVNL, Titagarh Wagons, and BHEL emerged as the winner.

Currently, tenders are underway for 200 fourth-generation Vande Bharat trains and 100 trains of this model with an aluminum body.

Only one proposal was received for the latest tender from the consortium of Alstom, Stadler, and Indian MSD.

In total, India plans to invest $5.7 billion in rolling stock in the upcoming financial year.

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