BEML has been awarded a contract for the design, manufacturing, and commissioning of two high-speed trainsets, each comprising 8 cars by Integral Coach Factory (ICF), Chennai. The price of each car is Rs 27.86 crore and the total contract value is Rs 866.87 crore which includes design cost, one-time development cost, non-recurring charges, one-time cost towards Jigs, fixtures, tooling and testing facilities, which will be utilised for all future High-Speed projects in India. This project marks a significant milestone in India’s high-speed rail journey and will see the first indigenously designed and manufactured trainsets with a test speed of 280 kmph.
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