Saturday, October 17
New Delhi: India may soon award a complete signalling and telecommunication (S&T) system contract for its proposed bullet train project to vendors offering European technology following successful completion of technical assessment of bids received for the contract.A joint venture of Germany's Siemens and Ahmedabad-based Dineshchandra R. Agrawal (DRA) Infracon Pvt Ltd emerged as the lowest bidder for the contract by the National High Speed Rail Corporation Ltd (NHSRCL). "Technical assessments are complete," an official told ET. The official said the lowest bid was at ₹4,100 crore. "The winning bid is significantly lower than initial estimates," a second official said. The second lowest, and only other bid received for the tender, was more than threefold higher at ₹12,600 crore, pla
National Security Adviser Ajit Doval is likely to visit Moscow next week. He is likely to push the Russian government for early delivery of the remaining two S400 air defence system amid reports of fresh orders for the same system for the Indian military. Doval's visit will be preceded by a visit of Indian MPs to Moscow beginning Thursday. The visit assumes significance in the backdrop of Indian air strikes in Pakistan under Operation Sindoor and the role played by BrahMos missiles, an India-Russia joint venture, and the S-400 system. A few other Russian-origin defence systems also came handy during the conflict.What India now seeks is a stronger political understanding from Russia in countering Pakistan-based terror infrastructure in keeping with India-Russia strong security and strategic
