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L&T baggage over Rs 7,000-cr order to assemble a part of Mumbai-Ahmedabad Bullet Train Project – Business News , Firstpost

The scope of the order contains the development of viaducts, one station, main river bridges, upkeep depots, and different auxiliary works

Representational picture. Reuters

New Delhi: Infrastructure main Larsen and Toubro (L&T) on Thursday mentioned it has bagged an order value over Rs 7,000 crore to assemble part of the Mumbai-Ahmedabad High-Speed Rail (MAHSR), often known as the Bullet Train Project.

The engineering and development firm, nevertheless, didn’t present the precise worth of the contract however specified that as per its classification, the mega undertaking 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 mentioned in a regulatory submitting.

The scope of the order contains the development of viaducts, one station, main river bridges, upkeep depots, and different auxiliary works.

The roughly 508-kilometre Mumbai-Ahmedabad High-Speed Rail undertaking will cowl Maharashtra, Union Territory of Dadra and Nagar Haveli, and Gujarat, with 12 stations alongside the route.

Upon completion, the high-speed rail will function at a velocity of 320 kmph, protecting all the distance in roughly 2 hours with restricted stops and in three hours with all stops.

Shares of L&T have been buying and selling 1.24 p.c increased at Rs 1,161.95 apiece on BSE.

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