L&T among 4 firms submit bids for design, construction of Mumbai-Ahmedabad bullet train corridor

In a statement, National High Speed Railway Corporation Ltd (NHSRCL) said it has received four bids from M/s Larsen & Toubro Ltd, NCC-J Kumar (JV), M/s Afcons -KPTL Consortium and M/s Dineshchandra-DMRC JV for package C-3 that also includes Thane, Virar and Boisar HSR (high speed rail) stations

Four companies, including Larsen & Toubro, have submitted bids for design and construction of civil and building works of 135-km-long alignment between Shilphata and Zaroli under package C-3 of the Mumbai-Ahmedabad high speed rail line, the firm overseeing the bullet train project said on Wednesday.

In a statement, National High Speed Railway Corporation Ltd (NHSRCL) said it has received four bids from M/s Larsen & Toubro Ltd, NCC-J Kumar (JV), M/s Afcons -KPTL Consortium and M/s Dineshchandra-DMRC JV for package C-3 that also includes Thane, Virar and Boisar HSR (high speed rail) stations.

The Shilphata-Zaroli section of the high speed corridor is located on the Maharashtra-Gujarat border.

Also Read: IIT Bombay student death case: SIT recovers cutter used by arrested batchmate to 'threaten' victim

"Financial bids of the technically qualified bidders will be opened once technical evaluation is completed," said the statement.

The total cost of Mumbai-Ahmedabad high speed rail corridor (bullet train project) is pegged at Rs 1.08 lakh crore.

As per the shareholding pattern, the Government of India is to pay Rs 10,000 crore to the NHSRCL, while the two states involved in the project -- Gujarat and Maharashtra --- are to pay Rs 5,000 crore each. The rest is to be paid by Japan through a loan at 0.1 per cent interest. 

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!