Titagarh & BHEL Sign ₹24,000 Cr Vande Bharat Sleeper Trainset Maintenance Pact
Titagarh Rail Systems and BHEL signed a Joint Venture Agreement on September 15, 2026, to maintain 80 Vande Bharat sleeper trainsets. This is part of a ₹24,000 crore contract for manufacturing and maintenance over 35 years. The JV will be equally held by TRSL and BHEL.
This is a substantial contract covering manufacturing and long-term maintenance of a prestigious trainset, indicating a significant revenue stream and strategic importance for Titagarh Rail Systems Limited.
The announcement details a significant long-term maintenance agreement for Vande Bharat sleeper trainsets, which is a positive development for the company's order book and future revenue stream. The comments from the MD also reflect confidence and commitment.
Titagarh Rail Systems Limited (TRSL) and Bharat Heavy Electricals Limited (BHEL) have signed a definitive agreement for the long-term maintenance of Vande Bharat sleeper trainsets. This agreement is part of the larger ₹24,000 crore contract awarded by Indian Railways to the TRSL-BHEL consortium for manufacturing and supplying 80 Vande Bharat sleeper trainsets, including their maintenance for 35 years.
As part of this collaboration, TRSL and BHEL executed a Joint Venture Agreement (JVA) on September 15, 2026, to establish a Joint Venture Company (JV Company). This JV Company will be equally held with 50% shareholding by each partner to undertake the maintenance of the 80 Vande Bharat Trainsets.
This maintenance contract reinforces the long-term partnership between TRSL and BHEL and aligns with Indian Railways' focus on lifecycle support for advanced passenger rail systems. The consortium aims to ensure the operational readiness of the Vande Bharat sleeper fleet by combining indigenous manufacturing with long-term maintenance capabilities.
Shri Umesh Chowdhary, Vice Chairman & Managing Director, Titagarh Rail Systems Limited, commented, "The signing of this long-term maintenance agreement is an important milestone in Titagarh’s journey and further strengthens our association with the Vande Bharat programme. At Titagarh, our commitment goes beyond designing and manufacturing modern rolling stock; we believe in supporting our customers and our products throughout their operational lifecycle. This 35-year maintenance commitment reflects the trust placed in our people, capabilities and processes, and also demonstrates our readiness to provide long-term lifecycle support across our rolling stock programmes. Together with BHEL, we remain committed to contributing to India’s vision of modern, efficient and self-reliant passenger rail transportation through Vande Bharat, designed and made in India, for a Viksit Bharat."
The Vande Bharat sleeper project is expected to enhance long-distance rail travel experience in India with its focus on modern design, passenger comfort, and advanced technology. The maintenance agreement is crucial for supporting these next-generation trainsets throughout their operational life.
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