BHEL, Titagarh JV for Vande Bharat Sleeper Train Maintenance

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Sep 15, 2026 16:56

BHEL and Titagarh Rail Systems form a 50:50 joint venture to maintain Vande Bharat sleeper train sets for 35 years, ensuring operational readiness.

BHEL, Titagarh JV for Vande Bharat Sleeper Train Maintenance

Key Points

BHEL and Titagarh Rail Systems have formed a joint venture company.
The JV will provide comprehensive maintenance for Vande Bharat sleeper train sets.
The maintenance contract is for a period of 35 years.
Shareholding in the joint venture will be equally split (50:50) between BHEL and TRSL.
The JV aims to ensure operational readiness, safety, and reliability of the train sets.

New Delhi, Sep 15 (PTI) State-owned BHEL on Tuesday said it has inked an agreement with Titagarh Rail Systems Ltd to set up a joint venture for comprehensive maintenance of Vande Bharat sleeper train sets for 35 years.

The shareholding in the joint venture company will be equal (50:50) between BHEL and TRSL, the filing said.

The JV shall be incorporated as a 'private limited' company with an initial paid-up share capital of Rs 50,00,000. The registered office of the JV company shall be situated in Delhi, it said.

BHEL and TRSL will nominate two directors each on the board of the joint venture.

The JV company will leverage the joint technical strength of both promoter companies for ensuring the operational readiness, safety and reliability of the train sets for their entire 35-year service life, the filing said.

Source: PTI By Rediff Money Desk, New Delhi

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