New Delhi, India (Urban Transport News): The national transporter Indian Railways has awarded a contract worth Rs 170 crores to Chinese firm TZ (Taizhong) Hong Kong International Ltd for the supply of 39,000 train wheels for Vande Bharat Trains after deliveries from other countries got affected because of the Russia-Ukraine conflict.
"The tender for solid forged wheels (rough turned) was awarded to TZ (Taizhong) Hong Kong International Ltd. These wheels are for the Vande Bharat trains. This development can be seen as a fallout of the Russia-Ukraine crisis as there is a dearth of rail wheel suppliers to India," said a senior railway official.
Indian Railways has recently opened the financial bids for the procurement of wheels contract on April 4, 2022, this year, and the contract was awarded to TZ (Taizhong) Hong Kong International Ltd. on May 2, 2022.
As per the Railway Board's order, the place of manufacture of these wheels is Taiyuan Heavy Industry Railway Transit Equipment Company at Dianzi Steet in Taiyuan City, Shanxi, China. This is a part of Taiyuan Heavy Industry Co, Ltd (TYHI). TZ Hong Kong International Ltd is the international trading arm of Taiyuan Heavy Machinery Group Co, Ltd.
While the value of the tender is just Rs 170 crore, the move is significant in view of the restrictions imposed by Indian Railways has already begun work on local manufacturing.
"There is a need to develop the wheel manufacturing ecosystem in the country and domestic manufacturers seek longer-term visibility before investing in setting up facilities. This is being addressed with the pipeline of new train sets that are to be manufactured," an official said.
TZ Hong Kong International Ltd is located in Admiralty, Hong Kong and is part of the Machinery, Equipment, and Supplies Merchant Wholesalers Industry. There are 5,253 companies in the TZ Hong Kong International Ltd corporate family.