State-owned firm Bharat Heavy Electricals (BHEL) has commenced the supply of underslung traction transformers for the Vande Bharat Sleeper Train project, which is being executed by Titagarh Rail Systems (TRSL).
The PSU, in its exchange filing, said that a flag-off ceremony for the dispatch of this project was conducted virtually at BHEL’s Jhansi plant. It added that prior to this, the traction converters for the same project were flagged off from its Bengaluru plant.
BHEL’s traction transformers are being sent to Kolkata for the final assembly of the Vande Bharat Sleeper Trains.
“This development further strengthens BHEL’s strategic entry into the semi-high-speed propulsion segment, with an operational speed of up to 160 kmph and a design speed of 180 kmph,” the company said in its official statement.
Additionally, the traction motor, which is a key propulsion equipment, has been developed and manufactured at BHEL’s Bhopal unit, the company added.
BHEL: Jhansi plant receives order for RBMV
The company also informed the exchanges that its Jhansi plant has received an order for Rail Borne Maintenance Vehicles (RBMV). It added that the contract marks a significant milestone for the company, as the RBMVs will be manufactured domestically.
It further added that this contract aligns with the Indian government’s initiatives such as ‘Make in India’ and ‘Aatmanirbhar Bharat’, as the domestic production of RBMVs will contribute to indigenisation and self-reliance in railway track maintenance technologies.
These RBMVs will be designed at BHEL’s Jhansi plant.
What are RBMVs?
These are specialised railway vehicles that are used for the construction, inspection, repair, and upkeep of railway tracks. These utility vehicles ensure track safety, ride comfort, and longer asset life by reducing manual labour and increasing precision.
BHEL: Share price
The company’s share price is not available today, as exchanges are closed on account of municipal elections in Maharashtra. Over the past one month, the PSU’s stock has declined by over 5%. However, over the past six months, the company’s stock has delivered a return of nearly 4%.
Further, over the past one year, the company’s stock has climbed by a whopping 32%.