Moneycontrol PRO
HomeNewsBusinessExclusive | Bullet train project: L&T emerges as lowest bidder for another stretch in Gujarat

Exclusive | Bullet train project: L&T emerges as lowest bidder for another stretch in Gujarat

L&T had earlier emerged as the lowest bidder for constructing the largest segment of the high-speed rail line between Mumbai and Ahmedabad

November 02, 2020 / 19:40 IST
Representative Image

Larsen and Toubro has emerged as the lowest bidder for the C6 package of the Mumbai-Ahmedabad High Speed Rail project at Rs 7,289 crore, sources told Moneycontrol.

Other bidders were the Tata Projects-J Kumar Infrastructure Projects Ltd-NCC Ltd consortium and the AFCONS Infrastructure Ltd-Ircon-JMC Projects consortium.

This package connects Vadodara with Ahmedabad through one station and a minor depot at Anand-Nadiad.

The EPC major had earlier emerged as the lowest bidder for constructing the largest segment of the high-speed rail line between Mumbai and Ahmedabad.

The C6 package involves the design and construction of civil and building works involving 87.5 kms of viaducts and bridges, 25 crossing bridges, a tunnel, 97.50 km of roads, one station, a maintenance depot, four sub-maintenance depots, and a host of other associated structures.

The technical bids for this tender were opened on September 25.

Earlier in a press meet today, Railway Board chief VK Yadav said that 86 percent of the land for the project in Gujarat has been acquired.

The bullet train project is expected to provide a fillip to job creation.

The project implementing agency National High Speed Rail Corporation expects the project to generate 90,000 direct and indirect jobs during the construction phase.

Soumalya Santikari
Soumalya Santikari Having started off as a sports scribe, I made the sobering transition to business journalism in 2014. Always up for belling the cat.
first published: Nov 2, 2020 06:44 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347