Integral Coach Factory awards High-Speed Rail Design and Manufacturing Order to BEML Ltd

BEML Limited 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 ₹27.86 Crs and the total contract value is ₹866.87 Crs which includes design cost, one-time development cost, non-recurring charges, onetime 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.

The trainsets will be built at BEML's Bengaluru rail coach complex and are scheduled for delivery by the end of 2026. Featuring a fully air-conditioned, Chair Car configuration, the trains will offer modern passenger amenities such as reclining and rotatable seats, special provisions for passengers with restricted mobility, and onboard infotainment systems.

This contract further strengthens BEML's position as a leader in rolling stock manufacturing and reaffirms its commitment to India's vision of a faster, more efficient rail network.

Shares of BEML Limited was last trading in BSE at Rs. 3730.30 as compared to the previous close of Rs. 3791.00. The total number of shares traded during the day was 3897 in over 662 trades.

The stock hit an intraday high of Rs. 3809.30 and intraday low of 3720.00. The net turnover during the day was Rs. 14584511.00.

Source : Equity Bulls

Keywords

BEML INE258A01016 OrderWin ICF Chennai