Larsen & Toubro (L&T) Wins Mumbai – Ahmedabad Bullet Train Project's Package C4 for Rs 24985 Crores
NEW DELHI (Metro Rail News): The day started with good news for Larsen & Toubro (L&T) as it emerged as the lowest bidder for constructing the 237.1 km under Package C4 of the 508.17 km Mumbai – Ahmedabad High-Speed Rail also called MAHSR Bullet Train project , after the National High-Speed Rail Corporation (NHSRCL) opened financial bids submitted by 3 infrastructure development firms. The estimated cost of the package 4 was Rs 20,000 crores while the lowest bid value was Rs 24,985 crores. Package C4 is the largest among all as it represents 46.66% of the main-line. It starts at Maharashtra – Gujarat border to Vadodara Station and includes four stations at Vapi, Bilimora, Surat and Bharuch in Gujarat. NHSRCL invited bids for its the project which is financed by Japan International Cooperation Agency (JICA) on March 15, 2019. Technical bids were opened on September 23 in which three bidders qualified for the next level. Financial Bid Values: Larsen & Toubro...