Biggest-ever EPC contract awarded in India
MUMBAI/October 28-2020: The construction arm of L&T has secured a ‘mega order’ for its Heavy Civil Infrastructure business in India from the National High-Speed Rail Corporation Ltd (NHRCL).
For L&T, mega projects means those above Rs7,000 crore (Rs70 billion).
This is the biggest EPC contract awarded in the country to date and is the first of its kind project with a mandate to construct the 237.1 km stretch MAHSR – C4 package which is part of the Mumbai Ahmedabad High-Speed Rail Project.
The scope for the MAHSR – C4 package includes the construction of viaducts, stations, major river bridges, depots, and other auxiliary works.
508-Km High-Speed Rail
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 & 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.
Commenting on the occasion, CEO and MD, SN Subrahmanyan (seen in the picture) 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.”
He added that this is a major and very bold decision by the Government of India, Ministry of Railways, Indian Railway Board and NHRCL.
‘Inflection point’
He called it an inflection point in the resurrection of India’s infrastructure economy for not only creating jobs but also encouraging several other industries, MSMEs, SMEs to be a part of this mega project.
