New Delhi: Indian Railways is set to put out its largest tender for 22,000 wagons at a cost of at least Rs 7,000 crore in the current financial year that could see big orders for Texmaco Rail and Engineering, Titagarh Wagons, Jindal Rail and Jupiter Wagons, among other wagon makers.
The orders would be through the reverse e-auction model, and if the lowest bidder isn’t able to serve the entire order, the second-lowest bidder would get a chance without a fresh tendering process.
The orders would be through the reverse e-auction model, and if the lowest bidder isn’t able to serve the entire order, the second-lowest bidder would get a chance without a fresh tendering process.
The railways ministry hopes the bulk tender would help it reduce the cost of wagons by at least 15-20%. On an average, the ministry procures 8,000 wagons a year.
“This is the largest tender in terms of size as well as amount that the railways has ever issued,” a rail ministry official said. “The bulk tender is being issued keeping future demand in mind. Currently, we are not able to serve to the larger clients as rakes are not available.
“This is the largest tender in terms of size as well as amount that the railways has ever issued,” a rail ministry official said. “The bulk tender is being issued keeping future demand in mind. Currently, we are not able to serve to the larger clients as rakes are not available.
“Else, the ministry will have no option but import wagons. I have been wanting around 1,000 wagons a month, but what the industry is providing is around 400. If we don’t get the required number… Then don’t come to us asking to increase the import duty on wagons,” Goyal had said.
Last week, a high-level meeting was held in Rail Bhavan between the top officials of the Railway Board and wagon manufacturer to discuss issues related to supply of wagons. Indian Railways has set a target of loading more than 1,200 million tonne of freight in the current financial year. Out of the total loading target, about 45% would come from the loading of coal alone.
Last week, a high-level meeting was held in Rail Bhavan between the top officials of the Railway Board and wagon manufacturer to discuss issues related to supply of wagons. Indian Railways has set a target of loading more than 1,200 million tonne of freight in the current financial year. Out of the total loading target, about 45% would come from the loading of coal alone.
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