Larsen & Toubro wins ₹25,000 crore contract for Mumbai-Ahmedabad Bullet Train Project


Posted on 20th Oct 2020 04:42 pm by rohit kumar

Infrastructure giant Larsen & Toubro (L&T) has won one of the country's largest tenders in the infrastructure sector. The company won the contract with the lowest bid for the design and construction of the construction work of 47 percent of the total length of the Mumbai-Ahmedabad High-Speed ​​Rail Corridor.

A total of three bidders participated in the competitive bidding involving seven large infrastructure companies. Apart from L&T, the bid was by Afcons Infrastructure, IRCON International and JMC Projects India consortium and consortium of NCC, Tata Projects, J Kumar Infra Projects, and HSR. A source familiar with the matter said that L&T bid Rs 24,985 crore for the 237-km stretch of the corridor. The consortium led by Tata Projects had bid for Rs 28,228 crore. If L&T gets the contract, it will be the largest project ever achieved by it. Earlier one of its biggest projects was the Rs 8,000 crore Mumbai Trans Harbor Link (MTHL) project.

 

A statement by the National High-Speed ​​Rail Corporation said, "The finance bid for the design and construction of a 237-km stretch of the 508-km-long Mumbai-Ahmedabad high-speed rail corridor route was opened on Monday and Larsen & Toubro has entered into Has bid lowest. '

Did you know?Explore Trending and Topic pages for more stories like this.

 

The technical bid for this tender was opened on 23 September and the finance bid has also been opened within a month. Earlier the technical bid was rigorously evaluated. The tender covered 47 percent of the total length of 508 km which is between Vapi (Jaroli village on Maharashtra-Gujarat border) and Vadodara in Gujarat.

 

Vapi, Bilimora, Surat and Bharuch, Surat Depot are the total four stations in this section. The entire section is in Gujarat where more than 83 percent of the land for the project has been acquired. Implementation of the Mumbai-Ahmedabad High-Speed ​​Project is the responsibility of the National High-Speed ​​Rail Corporation (NHSRCL). According to NHSRCL, this project alone will generate more than 90,000 direct and indirect jobs during the construction phase. It is expected to benefit not only the employment market but also the production and construction market. It is estimated that 75 lakh tonnes of cement, 21 lakh tonnes of steel, and 140,000 tonnes of structural steel will be used in construction and all will be produced in India. Apart from this, the project will also benefit the large construction machine market.

 

The current high-speed track covers 155.76 km in Maharashtra (7.04 km in the semi-urban area of ​​Mumbai, 39.66 km in Thane district and 109.06 km in Palghar district), 4.3 km in the Union Territories of Dadra and Nagar Haveli, and 348.04 km in Gujarat. The tender has been opened at a time when NHSRCL is working on seven new projects which include Delhi-Varanasi, Mumbai-Nagpur, Delhi-Ahmedabad, Chennai-Mysore, Delhi-Amritsar, Mumbai-Hyderabad and Varanasi-Howrah. Their estimated cost is Rs 10 lakh crore. Indian Railways is going to involve private companies to complete these projects on a public-private partnership model.

1 Like 0 Dislike
Previous news Next news
Other news

China in support of anti-India Pak terrorists: Saved by vetoing for the second time in two days

For the second time in two days, China has saved a Pakistani terrorist from being declared a Glob

Deafconnect 2.0: Rajnath Singh said - the global system is changing rapidly, there is no option but to strengthen itself

On the ongoing war between Ukraine and Russia, Defense Minister Rajnath Singh said on Friday that

Concessional lockdown in Delhi: Markets will open with Odd-Even formula, Metro will run with 50% capacity; Kejriwal said - 37 thousand infected can be found in the next peak

Delhi Chief Minister Arvind Kejriwal held a press conference on Saturday on the situation in Coro

Rupee vs Dollar: The rupee weakened in the last years due to global reasons, Minister of State for Finance answered in the House

Replying in Rajya Sabha to a question related to the depreciation of the rupee against the dollar

Rupee Vs Dollar: Can former RBI governor strengthen rupee against the dollar? Know who gave advice

The rupee continues to weaken against the dollar. The Indian rupee touched an all-time low agains

Bhagyashree's daughter Avantika Dasani was saddened to see my love, said - could not stand it

Bhagyashree's daughter Avantika Dasani is going to make her acting debut with 'Mithya'. During an

Corona Alert: 3,325 new cases of corona came in the last 24 hours, and the number of active patients crossed 44,000

There is a continuous decline in the cases of corona in the country. In the last 24 hours, 3,325

IND vs PAK: India and Pakistan will clash for the 8th time in the T20 World Cup, see here the results of all the matches played so far

The ICC T20 World Cup 2024 has started. So far 10 matches have been played. The Indian team has s

1.01 lakh new patients found, 1.73 lakh cured and 2,444 dead; Number of new infected is lowest in 2 months

On Sunday, 1 lakh 1 thousand 159 cases of the corona were reported in the country. This figure is

Kuch Khattaa Ho Jaay Box Office Day 1: Guru Randhawa-Sai Manjrekar's film flopped on the first day, account opened with so many lakhs

Kuch Khatta Ho Jaay Box Office Collection Day 1: Every week some film or the other hits the theat

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash