
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. '
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.
The route of Rahul Gandhi's Bharat Jodo Yatra has been decided in Haryana. The journey will begin
The condition of Paytm, the parent company of One97 Communication, an online payment service prov
After Rajasthan and Maharashtra, Nupur Sharma's supporter has now been attacked in Bihar. Ankit J
KBC 12 winner Nazia Nasim: Ordinary student who became a millionaire
It is Nazia Naseem who has won one crore rupees in the latest season of Indian television's popul
China-US entangled over military aid to Russia, Moscow gave this answer
The US and China are at loggerheads amid reports of Russia seeking military help from China. Howe
The West Indies tour of the Indian team is starting on Friday 22 July. The first three-match ODI
Fukrey 3 Song Fukrey Ve Release: The comedy-drama film Fukrey franchise has been entertaining the
The clouds of crisis have deepened over the film 'Ramayana', which is being made on the efforts s
In Delhi, there is an old relationship of a rift between the Chief Minister and the Lieutenant Go
Karnataka: Karnataka Waqf Board has made a big announcement. The Waqf Board is planning to open s