
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.
External Affairs Minister S. Jaishankar has questioned the US sanctioning $450 million (Rs 3,651
Amarnath Yatra 2025: Accident on Amarnath Yatra route, five buses collided; 36 devotees injured
Around 36 Amarnath pilgrims were injured on Saturday when five buses collided in Ramban district.
The recovery of huge cash from the premises of Congress Rajya Sabha member Dhiraj Prasad Sahu has
The news of atrocities on Hindu minorities has come to the fore once again in Bangladesh. The lat
Supreme Court issues notice to Karnataka government in hijab ban case. The top court will now hea
KCET 2023 Notification released: Karnataka Examinations Authority (KEA) has released the applicat
Chinese President Xi Jinping has not acted to help Moscow, despite strong ties with Russian Presi
Sidhu Moose Wala Murder Update: Punjab Police and CBI are now face-to-face on the dates of the re
Rajasthan: CBI raids the house of Chief Minister Gehlot's brother, action on potash scam
CBI raids the house of Chief Minister Ashok Gehlot's brother Agrasen Gehlot. Earlier, ED had raid
Mamta Banerjee was seen making momos in Darjeeling, its political meaning is interesting
West Bengal Chief Minister Mamata Banerjee is known for her unique style. Sometimes she is seen in a