BHEL and Titagarh Rail Systems signed a Joint Venture Agreement on September 15, 2026, to maintain 80 Vande Bharat sleeper trainsets for 35 years under a Rs 24,000 crore contract with Indian Railways. This marks a shift towards lifecycle-based maintenance and long-term public-private partnerships in railway modernization.
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- ›Contract Value: Rs 24,000 crore
- ›Number of Trainsets: 80
- ›Target this Data: Rs 24,000 crore contract for 80 Vande Bharat sleeper trainsets with 35-year maintenance.
- ›Target this Nodal Body: Ministry of Railways (Indian Railways).
- ›Target this Legal Point: Joint Venture Agreement between BHEL and Titagarh Rail Systems (50:50 equity).
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