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

The government engaged in finding alternative employment for firefighters, Defense Secretary holds meetings with indigenous production companies

The government has already started an initiative to find alternative employment opportunities for

US Travel Advisory: the US relaxes Covid-19 travel rules for India, these instructions have to be followed before traveling

After the decreasing cases of corona in India, now the restrictions on travel have started to be

Jhalmuri in Bengal Politics: TMC Outraged After Hemant Soren's Aircraft Denied Landing; Calls PM Modi 'Anti-Tribal'

A political controversy has intensified regarding Jhargram in West Bengal. The TMC has alleged th

Malala's entry in the hijab controversy: Said- It is frightening to stop girls from going to school for wearing hijab; Stop marginalizing Muslim women

Pakistani social activist and Nobel laureate Malala Yousafzai have also entered the hijab controv

Dunzo Layoffs: Layoffs continue in startup companies, Google-backed Dunzo lays off 3% employees

Now another Indian startup company has resorted to layoffs to reduce costs. Google-backed deliver

IND vs SA Playing 11: India will aim to clinch the T20 series; Bumrah to return; is Sanju Samson's inclusion confirmed?

The fifth and final match of the five-match T20 series between India and South Africa will be pla

ISRO: This payload of Aditya L-1 started work to gather important information about the Sun, know what it will reveal

Aditya-L1, sent by India to collect important information about the Sun, has started its work. No

Is the Maoist organization behind the explosives found outside Mukesh Ambani's house? Mumbai Police is investigating

Investigation is still on regarding the explosives found in a vehicle outside the house of Relian

India successfully test-fires cruise missile, alarm bells for China and Pakistan

India has successfully test-fired a cruise missile developed by the Defense Research and Developm

Satya Pal Malik: 'Launching' in opposition politics of Satyapal Malik, told how to defeat BJP?

A new political inning has begun in the opposition camp of Satyapal Malik, who is raining fiercel

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