Bullet train: L&T is the lowest bidder for construction of 237 km length of viaduct

L&T Ltd is set to get the work order from NHSRCL for the construction of 237 km length of the viaduct for 508 km of NHSRCL's Mumbai- Ahmedabad High Speed Rail corridor
Bullet train: L&T is the lowest bidder for construction of 237 km length of viaduct

New Delhi: Financial bids for the design and construction of 237 km length of the viaduct for 508 km of NHSRCL's Mumbai- Ahmedabad High Speed Rail corridor were opened on Monday and Larsen & Toubro Ltd has emerged as the lowest bidder. Tata Projects Ltd, Afcons Infrastructure Ltd, Braithwaite & Co. Ltd Consortium, Bridge & Roof Co. (India) Ltd, NCC Ltd, JMC Projects (India) Ltd & Rahee Infratech Ltd, ISGEC Heavy Engineering Ltd–M & B Engineering Ltd Consortium, Larsen & Toubro–IHI Infrastructure Systems Consortium were the other participants in the bidding.

The tender covers about 47% of total alignment of 508 km which makes the package the largest among all for the line's construction. This is going to be constructed between Vapi (Zaroli Village at Maharashtra- Gujarat Border) and Vadodara in the state of Gujarat. This includes four (04) stations namely Vapi, Billimora, Surat and Bharuch, and Surat Depot.

"The technical bids for this tender were opened on 23rd September 2020 and in less than one month the financial bids have also been opened, after rigorous evaluation of technical bids," NHSRCL said in a press release issued on Monday.

The Mumbai-Ahmedabad bullet train corridor is being built at a cost of Rs 1.08 lakh crore with funding from the Japan International Cooperation Agency.

NHSRCL

The National High-Speed Rail Corporation Limited (NHSRCL) has been incorporated in 2016 with an object to finance, construct, maintain and manage the High-Speed Rail Corridor in India. High-Speed Rail Corporation of India Limited (HSRC) has been formed under the Ministry of Railways, Government of India, for the development and implementation of the high-speed rail projects in India. The corporation is a 'Special Purpose Vehicle' in the joint sector with equity participation of the Ministry of Railways, Government of India and two State Governments – Government of Gujarat and Government of Maharashtra.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Telegram. Join PSU Watch Channel in your Telegram and stay updated)

logo
PSU Watch
psuwatch.com