NHSRCL signs agreement for India’s biggest infrastructure contract

New Delhi: The National High-Speed Rail Corporation Limited (NHSRCL) signed a contract agreement with Larsen & Toubro Limited on Thursday for the Design and Construction of 237 km length of the viaduct between Vapi (Zaroli Village at Maharashtra- Gujarat Border) and Vadodara in the state of Gujarat for 508 km of Mumbai- Ahmedabad High-Speed Rail corridor. The contract also includes four stations namely Vapi, Billimora, Surat and Bharuch, Surat Depot, 14 river crossings, 42 road crossings and 6 railway crossings including One Mountain Tunnel of 350 metres.
 
His Excellency Satoshi Suzuki, Ambassador of Japan to India, VK Yadav, Chief Executive Officer and Chairman Railway Board, Achal Khare, Managing Director, Prof Ashok Kumar Chawla, Advisor Japan, East Asia Division, Ministry of External Affairs, NHSRCL, Board of Directors of NHSRCL, SN Subrahmanyam, CEO & MD, Larsen & Toubro Limited and other senior officers from NITI Aayog, Ministry of Railways, JICA, JICC and NHSRCL attended the contract agreement signing ceremony held in the corporate office of NHSRCL in Delhi.

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The technical bids for this tender were opened on September 23, 2020, and in less than one month i.e on October 19, 2020, the financial bids were opened, after evaluation of technical bids. The letter of acceptance was issued on October 28, 2020.
 
The duration for completion of the works is four years from the date of commencement of the contract.
 
During the construction phase of this section, the areas around the alignment will witness social and economic development. There will be employment generation not only for the professionals like engineers, technicians, designers, architects etc but also for the skilled and semi-skilled workforce and construction workers. There will be a boost in the demand for construction material and machinery like cement, steel, heavy construction machinery, cranes, trailers, etc. The ancillary industries like hospitality, entertainment, health, tourism, real estate & housing and education will also flourish during the construction.

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