Bullet train in India latest news : Larsen & Toubro ( L&T) Wins Bullet Train Project Bids ...............
" Larsen & Toubro wins ' Mumbai - Ahmedabad ' Bullet Train Project :-
Larsen & Toubro emerged as the Lowest bidder for constructing the 237.1 km under Package C4 of the 508.17 km : Mumbai- Ahmedabad High Speed Rail .
After the National High Speed Rail Corporation ( NHSRCL) opened financial bids submitted by 3 infrastructure development firms . The estimated cost of the Package C4 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 46.60% of the main line : 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 next level .
Bid Values :-
1. Larcen & Toubro Ltd. - Rs/- 24, 985 .164 Crore
2. TaTa Projects Ltd. - Rs/- 28, 228 . 392 Crore
3. Afcons Infrastructure Ltd. - Rs/- 36, 874. 706 crore
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