L&T bags over Rs 7,000-cr order to construct part of Mumbai-Ahmedabad Bullet Train Project

The scope of the order includes the construction of viaducts, one station, major river bridges, maintenance depots, and other auxiliary works

Press Trust of India November 19, 2020 17:32:14 IST
L&T bags over Rs 7,000-cr order to construct part of Mumbai-Ahmedabad Bullet Train Project

Representational image. Reuters

New Delhi: Infrastructure major Larsen and Toubro (L&T) on Thursday said it has bagged an order worth over Rs 7,000 crore to construct a part of the Mumbai-Ahmedabad High-Speed Rail (MAHSR), also known as the Bullet Train Project.

The engineering and construction company, however, did not provide the exact value of the contract but specified that as per its classification, the mega project is over Rs 7,000 crore.

"The transportation infrastructure business of L&T Construction has secured a mega-contract from the National High-Speed Rail Corporation Ltd (NHSRCL) to construct 87.569 km of the MAHSR project," L&T said in a regulatory filing.

The scope of the order includes the construction of viaducts, one station, major river bridges, maintenance depots, and other auxiliary works.

The approximately 508-kilometre Mumbai-Ahmedabad High-Speed Rail project will cover Maharashtra, Union Territory of Dadra and Nagar Haveli, and Gujarat, with 12 stations along the route.

Upon completion, the high-speed rail will operate at a speed of 320 kmph, covering the entire distance in approximately 2 hours with limited stops and in 3 hours with all stops.

Shares of L&T were trading 1.24 percent higher at Rs 1,161.95 apiece on BSE.

Updated Date:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

From Mickey Mouse casting ballots to Democratic 'mafia' stealing them, say-anything is Trump's legal strategy
World

From Mickey Mouse casting ballots to Democratic 'mafia' stealing them, say-anything is Trump's legal strategy

Outgoing US president Donald Trump's overriding goal seems to be to simply throw out as many claims as possible, no matter how outlandish or baseless, in an effort to sow public doubt about Joe Biden’s victory

The strange history of books bound in human skin: Megan Rosenbloom's latest is a deep dive into the practice  
Arts & Culture

The strange history of books bound in human skin: Megan Rosenbloom's latest is a deep dive into the practice  

As Rosenbloom crisscrosses the globe to confirm the purported origins of skin-bound books — a cracking detective story in itself — her journey offers unusual insight into what defines informed consent, what separates homage from exploitation, and how power disparities can breed casual inhumanity.

AIADMK to continue alliance with BJP for 2021 Tamil Nadu Assembly elections, say party leaders
Politics

AIADMK to continue alliance with BJP for 2021 Tamil Nadu Assembly elections, say party leaders

The AIADMK and the BJP had aligned for the 2019 Lok Sabha polls along with other parties, however, the alliance could win only one of the 39 Parliamentary segments in Tamil Nadu