Bullet Train Project: Larsen & Toubro wins financial bids for design and construction of viaduct

L&T has won the financial bids for the design and construction of 237 km length of the viaduct for 508 km of the Mumbai-Ahmedabad high-speed rail corridor. The bids were opened on Monday (October 19) and the L&T emerged as the lowest bidder. 

Bullet Train Project: Larsen & Toubro wins financial bids for design and construction of viaduct
Image courtesy: ANI

New Delhi: Larsen and Toubro (L&T) has won the financial bids for the design and construction of 237 km length of the viaduct for 508 km of Mumbai-Ahmedabad high-speed rail corridor. The bids were opened on Monday (October 19) and the L&T emerged as the lowest bidder. 

A total of three bidders involving seven major infrastructural companies had participated in the competitive bidding.

Except for L&T, other bidders were: Afcons Infrastructure Limited – IRCON International Limited – JMC Projects India Ltd- Consortium and NCC Limited – Tata Project Ltd- J Kumar Infra Projects Ltd - HSR Consortium
 
Technical bids for this tender were opened on September 23, 2020, and in less than one-month the financial bids have also been opened.

Live TV

The tender covers about 47% of the total alignment of 508 km, between Vapi (Zaroli Village at Maharashtra- Gujarat border) and Vadodara in the state of Gujarat. This includes four stations namely Vapi, Billimora, Surat and Bharuch, and Surat Depot.

Notably, the National High-Speed Rail Corporation (NHSRCL) had invited bids for the high-speed rail corridor project on March 15, 2019. The project is financed by Japan International Cooperation Agency (JICA). 

Zee News App: Read latest news of India and world, bollywood news, business updates, cricket scores, etc. Download the Zee news app now to keep up with daily breaking news and live news event coverage.