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

America and India: There will be talks again on mini trade deal between America and India, bilateral trade will increase

In a joint statement by US President Donald Trump and Prime Minister Narendra Modi, it has been a

IND vs BAN: Big blow to India before first ODI, Mohammed Shami out of entire series against Bangladesh

India's experienced fast bowler Mohammed Shami has been ruled out of the ODI series against Bangl

IND vs NZ: India's tour of New Zealand postponed after T20 World Cup, know what is the reason

The Indian cricket team has to go on a tour of New Zealand in November after the T20 World Cup. D

GDP Data: The pace of growth of the Indian economy slowed down, GDP was 6.3 percent in the second quarter of 2022-23

The country's economy has grown at the rate of 6.3 percent between July and September in the seco

Why did the government cancel the NEET exam? Know what the anti-paper leak law says and what is the punishment

The Ministry of Education decided to cancel UGC NET June 2024 on Thursday night. The exam was can

Jammu & Kashmir: Operation going on in Kokernag for 70 hours, drone bombing, two terrorists killed today, know what has happened in Anantnag so far

Operation Gadul of security forces against terrorists in Anantnag of South Kashmir continues for

Achyut Potdar Death: '3 Idiots' Professor Achyut Potdar passed away, who had worked in 125 films

A very bad news is coming from the entertainment world today, which has shocked everyone. Veteran

Ravi Shastri suggests how the workload of cricketers can be reduced

Former India cricketer and head coach Ravi Shastri has demanded a cut in the T20 bilateral series

Sitaare Zaameen Par Star Cast: 10 disabled basketball players of Sitaare Zaameen Par, who will give Gulshan a tough time

The trailer of Aamir Khan's much-awaited film 'Sitaare Zameen Par' has been released, in which Aa

Tabla player Zakir Hussain dies at the age of 73, family confirms; he was undergoing treatment in America.

Tabla player Zakir Hussain died in a hospital in San Francisco, his family has confirmed the news

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