Government Schemes and Policy · 19 September 2026
BHEL and Titagarh Rail Systems Form Joint Venture for 35-Year Vande Bharat Sleeper Maintenance
Exam-focused facts from the 19 September 2026 current affairs briefing.
Key facts
- Bharat Heavy Electricals Limited (BHEL) and Titagarh Rail Systems Limited (TRSL) signed a joint venture agreement on September 15, 2026, to maintain 80 Vande Bharat sleeper trainsets.
- The joint venture company will operate on a 50:50 equity shareholding basis between BHEL and TRSL.
- The project is part of a Rs 24,000 crore contract awarded by Indian Railways which includes manufacturing, supply, and 35 years of comprehensive maintenance.
- The scope of the contract covers the upgradation of government manufacturing units and trainset depots alongside long-term support for the sleeper fleet.