Buyer · Regional rail SPV
? How to use this page

How to use a buyer page

  1. Who this buyer is, then who already holds positions here and what it is tendering.
  2. Click Watch and every change lands in your weekly digest.
  3. How to sell here — the route in, thresholds, portals and contacts — opens with this market's edition.

Mumbai Railway Vikas Corporation Limited

This week: MRVC moves to procure 238 AC Vande Metro trainsets worth ₹19,293 crore from Indian Railways — A large rolling-stock order — worth tracking for which trainset and systems suppliers get named as the tender advances. (2026-08-24)

Every fact on this page is free. Exact values, dates, award detail and the procurement route open in the India edition — one edition is free with one email. Open your free edition · Open this record in the Atlas

Type
Regional rail SPV — suburban rail SPV; MoR 51% / GoM 49%
Market · Region
India · Maharashtra
Open tenders
0
Technology areas
Signalling & train control, Rolling-stock hardware, Electrification, Track & civil, Predictive maintenance, Digital operations, AI inspection

Executes the Mumbai Urban Transport Project (MUTP) — suburban capacity augmentation: new corridors, quadrupling, AC EMU/Vande Metro fleet, CBTC signalling.

About this buyer

Read more

Executes the Mumbai Urban Transport Project (MUTP) — suburban capacity augmentation: new corridors, quadrupling, AC EMU/Vande Metro fleet, CBTC signalling.

Type
Regional rail SPV — suburban rail SPV; MoR 51% / GoM 49%
Where
Maharashtra · Mumbai
Programmes
KAVACH
Technology areas
Signalling & train control, Rolling-stock hardware, Electrification, Track & civil, Predictive maintenance, Digital operations, AI inspection

Who holds what here

  • awarded Texmaco — Borivali–Virar 5th/6th line signalling (awarded 16 February 2026) (active · since 2026-02-16)
Sources for these relationships (4)
  • ● AIIB · MUTP-3A Station Improvement Project Document (published 2023 · checked 2026-06-22)
  • ○ Metro Rail News · MRVC $25.5M (₹219.18 cr) signalling to Texmaco (Borivali–Virar) (published 2026-02 · checked 2026-06-22)
  • ○ Metro Rail Today · MRVC $2.44B (₹21,000 cr) / 2,856 Vande Metro coaches (published 2025 · checked 2026-06-22)
  • ● MRVC (official) · All active tenders (published 2026 · checked 2026-06-22)

Tenders

TenderStatusValue bandNext key date
Signalling 5th/6th lines Borivali–Virar MUTP-3AAwarded$23.3–29.1M (₹200–250 cr)Awarded February 2026
CBTC extension Central Western Railway main linesPlanned
2,856 AC Vande Metro suburban coaches maintenanceCancelled$2.33B+ (₹20,000 cr+)

What changed

From This Week in Rail, newest first.

  • 2026-08-24 — MRVC moves to procure 238 AC Vande Metro trainsets worth ₹19,293 crore from Indian Railways A large rolling-stock order — worth tracking for which trainset and systems suppliers get named as the tender advances.

Withheld in the free surface

  • Procurement structure
  • Award history (1)
  • Entry path
  • Portals (1)

Full detail withheld: 4 fields. In the India edition · See a fully open example

4 sources · 2 primary
  • ● MRVC (official) · All active tenders (published 2026 · checked 2026-06-22)
  • ○ Metro Rail News · MRVC $25.5M (₹219.18 cr) signalling to Texmaco (Borivali–Virar) (published 2026-02 · checked 2026-06-22)
  • ○ Metro Rail Today · MRVC $2.44B (₹21,000 cr) / 2,856 Vande Metro coaches (published 2025 · checked 2026-06-22)
  • ● AIIB · MUTP-3A Station Improvement Project Document (published 2023 · checked 2026-06-22)

Browse: the Atlas · India · players · events

Compiled by Watchtower to editorial standards the Managing Partner sets and enforces. Public record only — every datum carries its source.