Larsen and Toubro (L&T) have won a ₹ 25,000-crore order to execute a portion of impending India’s first high-speed rail corridor. L&T CEO & MD S N Subrahmanyan stated that the company had won its biggest and the most prestigious of contracts from the Centre. As per the order, the firm has to finish in four years period. National High-Speed Rail Corporation Limited (NHSRCL) opened bids for approximately ₹ 1.08 lakh crore Mumbai-Ahmedabad high-speed rail corridor project last month. Seven bidders qualified for the 508-km Mumbai-Ahmedabad project. The forthcoming Bullet train will connect Mumbai-Ahmedabad in less than two hours.
As per the report, of the corridor’s total alignment between Vapi and Vadodara in the state of Gujarat, this tender covers about 47% area. It consists of four railway stations – Billimora, Bharuch, Surat and Vapi. Apart from this, this also includes 24 rivers and 30 road-crossings. The contract consists of design and construction of the 237-km long high-speed rail corridor stretch. This complete segment falls in Gujarat. In September 2017, Prime Minister Narendra Modi had laid the foundation stone together with erstwhile Japan PM Shinzo Abe. The project will be developed on Japanese E5 Shinkansen technology.
As per government reports, during the construction period, the high-speed rail corridor project would create over 90,000 direct as well as indirect jobs. Apart from this, Indian Railways have sanctioned feasibility studies for seven more high-speed rail corridors. This includes Varanasi-Howrah, Mumbai-Nagpur, Mumbai-Hyderabad, Chennai-Mysore, Delhi-Amritsar, Delhi-Ahmedabad, and Delhi-Varanasi corridors. This will further create more jobs in the upcoming days.