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

HDFC investor's plight: 2.6 lakh crore rupees lost in nine days, enthusiasm for merger cooled

There was a lot of excitement among the investors as soon as the news of the merger of HDFC Bank

Know why the economic condition of China has been battered and what are the four big reasons behind it

Even though China presents itself as a big power in the world, its internal condition is very poo

Due to drought, China made artificial rain: 15 cities increased the risk of flood-landslide, and 1 lakh people were sent to safer places

China is experiencing its worst drought in 61 years. A heat warning alert has been issued in 165

The story of a Bangladeshi Hindu: He said there is no security here; 400 people attacked his house, everything was destroyed

Everything is over. On Tuesday night, suddenly about four hundred people attacked my house. Someh

How did Shane Warne die? Big information revealed in the investigation of Thailand Police

Today (Monday) Thailand Police issued an official statement regarding the death of former Austral

Pulwama Attack: 'I feel the same fire in my heart...' India took revenge only 12 days after PM's challenge

14 February 2019 was the day when 44 CRPF personnel were martyred in a terrorist attack. Today it

Do this setting in WhatsApp, no one will be able to read your chat and data will be safe

Many types of news are coming out these days about the social media site WhatsApp. WhatsApp had t

Extreme heat: No relief for four days in northwest, central, and eastern India; an alert was issued in many states

Entire North India including Punjab and Haryana is in the grip of intense heat. Fire is raining f

Allu Arjun: Hyderabad police summons Allu Arjun; Congress leader files complaint over 'Pushpa 2' scene

Hyderabad Police has summoned 'Pushpa 2' actor Allu Arjun for questioning in the theater stampede

Kesari 2: Akshay Kumar appealed to fans during the promotion of the film, said- Do not insult 'Kesari 2', keep your phone away

The story of Akshay Kumar starrer film 'Kesari 2' is based on the painful incident of the Jallian

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