The estimated value of the bid is approximately ₹400 crore (USD 41.45 million). Further progress is subject to due process of scrutiny/evaluation by Sri Lanka Railways as per the requisite requirements mentioned in the tender documents.
Key Contract Details:
- Awarding Entity: Sri Lanka Railways
- Nature of Contract: Supply of Broad Gauge Diesel Multiple Unit (DMU) Train Sets
- Entity Type: International Entity
- Execution Timeline: 12 months from opening of Letter of Credit (LC)
- Contract Value: ₹400 crore approximately
- Related Party Transaction: Confirmed as not a related party transaction
- Promoter/Group Interest: No interest by promoter/promoter group/group companies in the awarding entity