Larsen & Toubro, the infrastructure giant has won the bid to build the largest segment of the upcoming high speed rail line between Mumbai and Ahmedabad. Being the lowest bidder the company bid Rs. 24,985 crore for constructing the 237.1 km line for the bullet train project, beating two other bids led by Tata Projects and Afcons Infrastructure Ltd. With this project, the construction major is set to bag the largest civil contract of the bullet train project.

The company emerged as the lowest bidder after the National High-Speed Rail Corporation (NHSRCL) opened financial bids submitted by the three infrastructure development firms for package C4 on Monday. This package is the largest among all for the line’s construction, representing 47 percet of the main line of 508.17 km. L&T’s segment starts at Maharashtra – Gujarat border and goes up to Vadodara station and includes four stations, at Vapi, Bilimora, Surat and Bharuch in Gujarat.

Ahmedabad-Mumbai bullet train is the first high-speed train project of India, which is being built with the help of Japan. “Financial bids for the design and construction of

The company emerged as the lowest bidder after the National High-Speed Rail Corporation (NHSRCL) opened financial bids submitted by the three infrastructure development firms for package C4 on Monday

237 km length of viaduct for 508 km of Mumbai-Ahmedabad High Speed Rail corridor were opened today and Larsen & Toubro Ltd is the lowest bidder,” a release said. The Mumbai-Ahmedabad bullet train corridor is being built at a cost of Rs. 1.08 lakh crore with funding from the Japan International Cooperation Agency.

A total three bidders involving seven major infrastructural companies had participated in the competitive bidding, the NHSRCL said. Others 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,” it said in the release.

The technical bids for the tender were opened on September 23 this year and in less than one month, the financial bids have also been opened, after rigorous evaluation of technical bids, it said. The scope of the work includes design and construction of civil works along with building works including testing and commissioning on design-build for double line high-speed railway, involving viaducts, bridges, maintenance depots, tunnel, stations and more.