Buyer · High-speed rail SPV
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National High Speed Rail Corporation Limited
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- Type
- High-speed rail SPV — GoI + Gujarat + Maharashtra
- Market · Region
- India · Gujarat, Maharashtra
- Open tenders
- 0
- Technology areas
- Signalling & train control, Rolling-stock hardware, Track & civil, Electrification, Digital operations, Predictive maintenance, AI inspection, Cybersecurity
Builds Mumbai–Ahmedabad bullet train (508 km); Gujarat has 352 km, 8 of 12 stations, 2 of 3 depots.
About this buyer
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Builds India's first bullet train, Mumbai–Ahmedabad HSR (508 km). The Gujarat footprint is the larger share: ~352 km of alignment, 8 of 12 stations (Vapi, Bilimora, Surat, Bharuch, Vadodara, Anand, Ahmedabad, Sabarmati), 2 of 3 depots (Surat, Sabarmati) and 21 of 25 river bridges.
- Type
- High-speed rail SPV — GoI + Gujarat + Maharashtra
- Where
- Gujarat, Maharashtra
- Technology areas
- Signalling & train control, Rolling-stock hardware, Track & civil, Electrification, Digital operations, Predictive maintenance, AI inspection, Cybersecurity
Who holds what here
- awarded DRA Infracon — MAHSR Shinkansen DS-ATC signalling telecom — DRA Infracon (active · since 2025-06)
- awarded Siemens Mobility — MAHSR Shinkansen DS-ATC signalling telecom — Siemens (active · since 2025-06)
- awarded L&T — MAHSR Shinkansen 2×25 kV electrification — L&T (active · since 2024-02)
- awarded IRCON — MAHSR C7 civil (IRCON–DRA JV) and track T-2 (January 2022) (active · since 2022-01)
- awarded L&T — MAHSR civil C4/C5/C6 (2020-21) and track T-3 (active · since 2021)
- awarded BEML — MAHSR 8-car 280 kmph B28 — BEML (active)
- Contract detail and values (1)$500m–1bnIn the India edition See a fully open example
Sources for these relationships (13)
- ○ ANI · NHSRCL signs EW-1 electrification contract (2x25 kV, 14 TSS, 508 km + 3 depots), 2024-02 (published 2024-02-09 · checked 2026-08-20)
- ○ Business Standard · Japan to gift Shinkansen E5, E3 series trainsets to India for MAHSR testing (delivery early 2026; E10 planned for passenger ops) (published 2025-04-16 · checked 2026-08-20)
- ○ Business Standard · Siemens shares rise on bagging ₹4,100 cr high-speed rail project (S&T, MAHSR) (published 2025-06-17 · checked 2026-08-20)
- ○ Deccan Herald · BEML to make India's first bullet trains in Bengaluru (₹866.87 cr, two 8-car 280 kmph trainsets) (published 2024-10 · checked 2026-08-20)
- ● L&T (official) · L&T Construction awarded ('Large': ₹2,500–5,000 cr class) T-3 ballastless track contract, Vadodara–Sabarmati (published 2022-05-05 · checked 2026-08-20)
- ● PIB (official) · Backgrounder: Mumbai–Ahmedabad High-Speed Rail — Advancing India's Rail Modernisation (12 stations; 3 depots; 21 of 25 river bridges in Gujarat; HSR Training Institute Vadodara; first service Aug 2027) (published 2026-06-12 · checked 2026-08-20)
- ● PIB (official) · MAHSR project updates, Lok Sabha reply (Gujarat: foundation/piers 352 km, girder casting 342 km, launching 331 km, track bed 152 km, OHE masts 121 km; 8 Gujarat station foundations complete) (published 2026-02-11 · checked 2026-08-20)
- ○ Rail Analysis India · NHSRCL awards ₹4,140.06 cr signalling & telecom (DS-ATC) contract to DRA Infracon–Siemens JV (published 2025-06 · checked 2026-08-20)
- ○ RailPost · NHSRCL–KCS AVADH consortium sign agreement for rolling stock maintenance machinery (signed 2026-08-07; no value stated) (published 2026-08-11 · checked 2026-08-20)
- ○ The Metro Rail Guy · L&T–Sojitz JV awarded MAHSR electrification contract EW-1 (L&T 'Mega' class ₹10,000–15,000 cr) (published 2024-01-16 · checked 2026-08-20)
- ○ The Metro Rail Guy · MAHSR project page (Gujarat section ≈351.3 km; package table C4–C8, T-2, T-3, EW-1) (published 2026 · checked 2026-08-20)
- ○ Urban Transport News · IRCON signs ₹5,142 cr T-2 track contract (Zaroli–Vadodara, 237 km), 2022-01-21 (published 2022-01 · checked 2026-08-20)
- ○ Wikipedia (cross-checked) · B28 trainset (ICF–BEML 280 kmph high-speed trainset; Surat–Vapi initial ops Aug 2027) (published 2026 · checked 2026-08-20)
Tenders
| Tender | Status | Value band | Next key date |
|---|---|---|---|
| MAHSR Shinkansen 2×25 kV electrification | Awarded | ₹10,000–15,000 cr (L&T 'Mega' band) | Awarded January 2024 |
| MAHSR T-2 237 km J-Slab | Awarded | ₹5,000–5,500 cr | Awarded January 2022 |
| MAHSR Shinkansen DS-ATC signalling telecom | Awarded | ₹4,000–4,500 cr | Awarded June 2025 |
| MAHSR T-3 116 km J-Slab | Awarded | ₹2,500–5,000 cr (L&T 'Large' band) | Awarded May 2022 |
| MAHSR 8-car 280 kmph B28 | Awarded | ₹850–900 cr | |
| MAHSR rolling stock maintenance machinery | Awarded | value not published | Awarded August 2026 |
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
8 sources · 3 primary
- ● PIB (official) · Backgrounder: Mumbai–Ahmedabad High-Speed Rail — Advancing India's Rail Modernisation (12 stations; 3 depots; 21 of 25 river bridges in Gujarat; HSR Training Institute Vadodara; first service Aug 2027) (published 2026-06-12 · checked 2026-08-20)
- ● PIB (official) · MAHSR project updates, Lok Sabha reply (Gujarat: foundation/piers 352 km, girder casting 342 km, launching 331 km, track bed 152 km, OHE masts 121 km; 8 Gujarat station foundations complete) (published 2026-02-11 · checked 2026-08-20)
- ○ The Metro Rail Guy · MAHSR project page (Gujarat section ≈351.3 km; package table C4–C8, T-2, T-3, EW-1) (published 2026 · checked 2026-08-20)
- ○ Urban Transport News · IRCON signs ₹5,142 cr T-2 track contract (Zaroli–Vadodara, 237 km), 2022-01-21 (published 2022-01 · checked 2026-08-20)
- ● L&T (official) · L&T Construction awarded ('Large': ₹2,500–5,000 cr class) T-3 ballastless track contract, Vadodara–Sabarmati (published 2022-05-05 · checked 2026-08-20)
- ○ Rail Analysis India · NHSRCL awards ₹4,140.06 cr signalling & telecom (DS-ATC) contract to DRA Infracon–Siemens JV (published 2025-06 · checked 2026-08-20)
- ○ RailPost · NHSRCL–KCS AVADH consortium sign agreement for rolling stock maintenance machinery (signed 2026-08-07; no value stated) (published 2026-08-11 · checked 2026-08-20)
- ○ Deccan Herald · BEML to make India's first bullet trains in Bengaluru (₹866.87 cr, two 8-car 280 kmph trainsets) (published 2024-10 · checked 2026-08-20)
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