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

Shaitaan: The booking of Ajay's 'Shaitaan' started, and the film did so much business even before its release.

Ajay Devgan is in the news these days about his upcoming film Shaitan. Horror thriller film 'Shai

Retail inflation: Food items give a jolt, prices of food items increased by 7.68 percent in March, risk of increasing interest rates

Retail inflation went out of control for the third consecutive month in March due to rising food

'People have this misconception that he...', amidst the success of Saiyaara, Ajay Devgn shows the mirror to newcomers Ahan-Anit?

Ananya Pandey's cousin brother Ahaan Pandey and actress Aneet Padda, who appeared in Salaam Venky

Sri Lanka Crisis: Unprecedented crisis in Sri Lanka, a ship laden with petrol is standing in the sea but there is no money to pay

Sri Lanka on Wednesday said a petrol-laden ship has been parked in its maritime zone for nearly t

The risk of corona increased in 9 states of the country: 21,880 were found infected in the last 24 hours, and Bengal tops with 2486 new cases

Corona cases are increasing rapidly in 9 states of the country, Kerala, West Bengal, Tamil Nadu,

IPL 2023: Nine matches left in the league round, nine teams in the playoff race; Know the equation of all teams including Chennai-Mumbai

In the 16th season of IPL, 61 matches of the league round have been played. Now only nine matches

Delhi Bomb Threat: Dwarka court receives bomb threat via email, causing panic; police are investigating.

A sensational incident unfolded this morning at the Dwarka Court in the national capital, Delhi,

COP 15: COP 15 started in Canada to save nature, representatives from 196 countries including India included

The Conference on Biological Diversity (COP 15) began on Wednesday in the Canadian city of Montre

Sanjay Leela Bhansali will make history at the Republic Day Parade 2026, as for the first time in 77 years, a tableau representing Indian cinema will be featured.

What hasn't happened in 77 years is now about to happen. This year, Indian cinema is going to mak

Sandeshkhali Row: Shock to Mamata government from Supreme Court, refusal of immediate hearing in Sandeshkhali case

SC on Sandeshkhali Violence. Mamta government got a big blow from the Supreme Court today. Mamata

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