L&T Bags Over Rs 7,000-Crore Contract For Bullet Train Project
Mumbai Ahmedabad Bullet Train Project: Infrastructure major Larsen & Toubro (L&T) bagged a contract worth over Rs 7,000 crore from the National High-Speed Rail Corporation Limited (NHSRCL) to construct 87.569 kilometres of the Mumbai-Ahmedabad high speed bullet train corridor. L&T emerged as the lowest bidder in the auction of the project, which comprises the 87.569 km stretch of the viaduct - a type of bridge - between Vadodara and Ahmedabad, and the Anand/Nadiad Station. An NHSRCL official said that the company has awarded the letter of agreement (LoA) to L&T for the C6 package contract. (Also Read: L&T Emerges Lowest Bidder For Bullet Train Project, Set To Win Order )
NHSRCL, responsible for the implementation, development, and maintenance of the upcoming high-speed rail corridor, did not provide the exact value of the order, but stated that as per its classification, the mega project is around Rs 7000 crore.
The current order to construct the C6 package of the Mumbai-Ahmedabad high speed rail (MAHSR) project. The scope of work for the C6 package includes the construction of viaducts, one station, major river bridges, maintenance depots, and other auxiliary works. This particular package represents 17.2 per cent of the total length, running elevated from the outskirts of Vadodara to the outskirts of Ahmedabad with one station at Anand / Nadiad.
Earlier, L&T had already bagged NHSRCL's contract for the execution of the 237-km stretch of the bridge between Vapi and Vadodara under the mega-deal, which includes four elevated HSR stations - Vapi, Billimora, Surat and Bharuch and one train depot in Surat.
Shares of L&T were trading at 0.46 per cent higher at Rs 1153.00 on the BSE.
Mumbai-Ahmedabad Bullet Train Project – top features:
- The 508-km long Mumbai-Ahmedabad bullet train project is funded by the Japan International Cooperation Agency (JICA)
- The rolling stock of the bullet train is being developed on the Japanese E5 Shinkansen technology.
- The rail corridor will cover 155.76 kilometres in Maharashtra, 4.3 kilometres in Dadra and Nagar Haveli, and 348.04 kilometres in Gujarat, with 12 stations along the route.
- Upon completion, the bullet train will operate at 320 km per hour, covering the entire distance in approximately two hours with limited stops, and in three hours with all stops.
