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.
Delhi Health Minister Satyendar Jain will be produced in court by the Enforcement Directorate (ED
Important Updates for CBSE Board Term 2 Exams. The Central Board of Secondary Education will not
AAP will prove majority in Punjab too, accusing BJP of trying to break MLAs
The Punjab government of the Aam Aadmi Party has also announced to prove majority in the assembly
Why did Pakistan get angry with India in the special meeting held at the UN on Afghanistan?
On Monday, Pakistan's Foreign Minister Shah Mehmood Qureshi was very active. On Twitter too, he t
Chinese Foreign Minister Qin Gang on Tuesday confirmed his participation in the G20 meeting on Ma
Railways have laid off 177 employees in the last 16 months. According to the news agency PTI, off
Every cricket lover will probably remember the disappointed faces of Lance Klusener at Edgbaston
ED Attaches PFI Accounts: ED attaches bank accounts of PFI, action in money laundering case
The Enforcement Directorate (ED) on Wednesday said it has attached Rs 68.62 lakh of money launder
The US has welcomed India's recent move to reduce tariffs on several American agricultural produc
PSEB Result 2022: Punjab Board 10th-12th results can come today, know how to check your scorecard
PSEB Result 2022: Punjab School Education Board (PSEB) can release the result of the class 10th,
