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Indian Railways awarded Medha Servo Drives a ₹2,211.64 crore contract to design, supply, integrate, test and commission propulsion and control equipment for 44 Vande Bharat-type rakes, including a five-year maintenance contract. The coaches will be built at three Indian Railways factories.
“Indian Railways has awarded the tender to design, develop, manufacture, supply, integrate, test and commission various equipment for Vande Bharat type train sets for 44 rakes of 16 cars each to Medha Servo Drives Ltd for ₹2,211 crore.”thehindubusinessline.com
Summarized from public sources; check the original articles before acting on it.