Business News

L&T slated to bag Rs 24,958 crore order for bullet project

Spread the love

Larsen & Toubro is on the brink of bagging its largest order ever because it has emerged rock bottom bidder to construct a big a part of the Ahmedabad-Mumbai bullet project, beating two others within the race with a bid of Rs 24,958 crore.


On Monday, the National High Speed Rail Corporation (NHRCL) opened the financial bids for the tender to style and construct the 237 km-mainline, of the 508 km long Mumbai-Ahmedabad High Speed Rail corridor. L&T beat two consortia– Tata Projects – J Kumar Infraprojects – NCC, and Afcons Infrastructure – Ircon International NSE 1.62 % – JMC Projects India.
NHRCL confirmed that L&T has emerged rock bottom bidder from among the three financial bids received. “The technical bids for this tender were opened on 23rd September 2020 and in but one month the financial bids have also been opened, after rigorous evaluation of technical bids,” the state run corporation said.

News source

Read more related news

Recent Posts

As Ola’s Bhavish Aggarwal Faces Criticism, Zomato’s Deepinder Goyal Receives Praise for PR Savvy

The contrasting public images of two prominent Indian startup founders, Zomato's Deepinder Goyal and Ola's…

3 months ago

Singham Again Trailer Launch: What to Expect

The excitement is palpable as Ajay Devgn and director Rohit Shetty gear up for the…

3 months ago

Hardik Pandya Impresses with No-Look Ramp Shot and All-Round Performance in India’s First T20I Win Against Bangladesh

Hardik Pandya showcased his prowess as an allrounder in T20 cricket, contributing significantly with a…

3 months ago

New Haryanvi Song “Bahu Chaudhariya Ki” Launched by Aman Jaji and Pranjal Dahiya

HR Beat Production has unveiled its latest Haryanvi hit, "Bahu Chaudhariya Ki," featuring artists Aman…

3 months ago

Apple’s iPhone 16 Pro Max: Improved Battery Life and Camera Features, but Missing Key AI Updates

Apple's highly anticipated iPhone 16 series is set to launch on Friday, with the flagship…

3 months ago

Music Director Vipin Reshammiya, Father of Himesh Reshammiya, Passes Away at 87

Vipin Reshammiya, father of Himesh Reshammiya, has passed away at the age of 87. He…

3 months ago

This website uses cookies.