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

IND vs AUS: Cricket experts reacted to the scuffle between Kohli and Constas, Gavaskar and Vaughan gave their opinion

On the first day of the Boxing Day match being played between India and Australia in Melbourne, a

Akhilesh Yadav: 'Election Commission is dead, will have to present white cloth', Akhilesh Yadav's tongue slips regarding by-election

Samajwadi Party chief Akhilesh Yadav has given a controversial statement on the allegations being

Srinagar records -4°C temperature, Delhi-NCR issues yellow cold wave alert; weather forecast for other states

Temperatures are expected to drop sharply in many parts of North and Central India. According to

IND vs ENG: Team India created a record by achieving the target of 133 runs in 12.5 overs, breaking a four-year-old record

India defeated England by seven wickets in the first match of the five-match T20 series. The Indi

KKR vs PBKS Pitch Report: Will the batsmen create a ruckus in Kolkata or will the bowlers create a ruckus? Know the pitch report of Eden Gardens

Kolkata Knight Riders (KKR) will face Punjab Kings (PBKS) in the 42nd match of IPL 2024.&nbs

100 Days of Russo-Ukraine War: 68 million people lost their homes, and every moment a child becomes a refugee; Know the effect of war on India

On February 24, 100 days before today, the tension in Russia-Ukraine over NATO membership flared

Trump India Visit: Rs 38 lakh was spent on Trump's 36-hour visit to India, family came in 2020

In 2020, the Central Government spent 38 lakh rupees on the visit of the then US President Donald

The government's fight against Corona intensified, now every day, including holidays in April, will be vaccinated

The Indian government has intensified the war against the growing coronavirus in the country. The

Corona infection rate crosses 17%, can schools be closed again in Delhi?

Concerns about school-going children have increased amid rising COVID-19 cases in Delhi. However,

Delhi Election 2025: Many nominations in Delhi today, BJP's Pravesh Verma and AAP's Kejriwal, and these leaders will file their nominations

In the heated atmosphere for the Delhi Assembly elections (Delhi Election 2025), there will be a

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