New Delhi: Infrastructure predominant Larsen and Toubro (L&T) on Thursday mentioned it has bagged an boom price over Rs 7,000 crore to assemble a phase of the Mumbai-Ahmedabad Excessive-Slither Rail (MAHSR), additionally identified as the Bullet Utter Mission.
The engineering and constructing firm, nonetheless, did not provide the right kind brand of the contract nonetheless specified that as per its classification, the mega mission is over Rs 7,000 crore.
“The transportation infrastructure enterprise of L&T Building has secured a mega-contract from the National Excessive-Slither Rail Company Ltd (NHSRCL) to assemble 87.569 km of the MAHSR mission,” L&T mentioned in a regulatory filing.
The scope of the boom contains the constructing of viaducts, one set, predominant river bridges, upkeep depots, and other auxiliary works.
The roughly 508-kilometre Mumbai-Ahmedabad Excessive-Slither Rail mission will duvet Maharashtra, Union Territory of Dadra and Nagar Haveli, and Gujarat, with 12 stations alongside the route.
Upon completion, the high-tempo rail will procedure at a tempo of 320 kmph, holding your total distance in roughly 2 hours with restricted stops and in 3 hours with all stops.
Shares of L&T had been buying and selling 1.24 percent elevated at Rs 1,161.95 apiece on BSE.