Larsen & Toubro (L&T) ltd. announced on Wednesday that it has bagged a Mega order to construct India’s first High-Speed Rail Corridor.
This is the largest EPC contract awarded in the country with a mandate to construct 237.1 km stretch of MAHSR – C4 package which is part of the Mumbai Ahmedabad High-Speed Rail Project.
The Mumbai based company stated in its BSE regulatory filing. “The scope for the MAHSR – C4 package includes the construction of viaducts, stations, major river bridges, depots, and other auxiliary works. The approximately 508 km Mumbai-Ahmedabad High-Speed Rail project, also called the MAHSR Bullet Train project, will cover 155.76 kms in the State of Maharashtra, 4.3 kms in the Union Territory of Dadra Et Nagar Haveli and 348.04 kms in the State of 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.”
Mr. S N Subrahmanyan, CEO & MD said, “At a time of grave uncertainty during the time of the pandemic, the award of such a huge
infrastructure order augurs very well not just for the construction industry but for the entire infrastructure sector as well. It is a major and very bold decision by the Government of India, Ministry of Railways, Indian Railway Board and NHRCL. We believe it will be an inflection point in the resurrection of India’s infrastructure economy by not only creating jobs but also encouraging several other industries, MSMEs, SMEs to be a part of this mega project to provide the necessary services and facilities under the Make in India and Atmanirbhar Bharat Abhiyan. It will hugely boost other similar projects to connect other major economic centres in the country to enable business, cut travel time and be a game-changer from the perspective of an economic revival and activity. It is certainly a testimony to the capabilities of Larsen and Toubro to build such mega infrastructure projects. Once again, LEtT is proud to be associated with a project of significant national importance with yet another opportunity to live up to being builders to the nation.”