PSU NEWS
The National High Speed Rail Corp opened technical bids for the Mumbai-Ahmedabad bullet train project
New Delhi: The National High Speed Rail Corp has opened technical bids for the Mumbai-Ahmedabad bullet train project with Ircon Intl as one of the key bidders. Sunil Kumar Chaudhary, CMD in conversation with blitzkreigm & Nigel Dsouza says that this is a Rs 30,000 cr revenue opportunity.
Technical bids for the design and construction of 237 km length of mainline for Mumbai- Ahmedabad High Speed Rail corridor were opened today.
This tender covers about 47% of total alignment of 508 km, between Vapi and Vadodara in the state of Gujarat. This includes four (04) stations namely Vapi, Billimora, Surat and Bharuch, 24 river and 30 road crossings.
This entire section is in Gujarat State where more than 83% of the land has been acquired for the project. Total of three bidders involving 7 (seven) major infrastructural companies have participated in the competitive bidding.
Name of the bidders:
1 : Afcons Infrastructure Limited – IRCON International Limited – JMC Projects India Ltd- Consortium
2 : Larsen & Toubro Ltd.
3: NCC Limited – Tata Project Ltd.- J. Kumar Infra Projects Ltd. - HSR Consortium
The MAHSR project alone will create more than 90,000 direct and indirect jobs during construction of the project. Not just the employment market but production and manufacturing market are also expected to gain with the project. It is estimated that close to 75 lakh MT of cement, 21 lakh MT of steel, and 1.4 lakh MT of structural steel will be used in the construction and all of which shall be produced in India. In addition to this, large construction machinery is another market that will gain big time through the project.
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