Mumbai, June 19, 2023 – In a major development for the ambitious Mumbai-Ahmedabad Bullet Train project, Larsen & Toubro (L&T), a leading Indian multinational conglomerate, has successfully secured its second significant contract. The contract, valued at a whopping $1.8 billion, was awarded to L&T by the National High-Speed Rail Corporation Limited (NHSRCL).
The Mumbai-Ahmedabad Bullet Train project is a joint initiative between the Indian and Japanese governments, aimed at revolutionising travel and connectivity between the two bustling cities. The project, known for its high-speed trains capable of operating at a maximum speed of 320 km/h, is poised to significantly reduce travel time between Mumbai and Ahmedabad.
Under this latest contract, L&T will be responsible for the design, construction, and commissioning of the viaducts and stations for the 237-kilometre-long stretch of the bullet train corridor. The project’s scope also includes the construction of major bridges, maintenance depots, and other associated works.
The successful bid for this contract highlights L&T’s expertise and track record in delivering large-scale infrastructure projects. Having already won the first significant contract for the bullet train project back in 2021, L&T’s reputation has further solidified as a key player in India’s high-speed rail sector.
Mr. S. N. Subrahmanyan, CEO and Managing Director of L&T, expressed his delight at winning the contract, stating, “We are honoured to be entrusted with another crucial project for the Mumbai-Ahmedabad Bullet Train. L&T is committed to delivering world-class infrastructure that aligns with our nation’s vision for progress and growth. We remain steadfast in our commitment to contributing to the development of the country’s high-speed rail network.”
The Mumbai-Ahmedabad Bullet Train project holds immense significance for India, as it not only promises enhanced connectivity but also fosters economic growth and development along the route. The high-speed rail corridor is expected to bolster trade, tourism, and overall infrastructure development in the states of Maharashtra and Gujarat.
The NHSRCL, the implementing agency for the project, expressed confidence in L&T’s capabilities and praised the company’s previous contributions to the endeavour. The agency emphasised that the project is progressing steadily and reiterated its commitment to completing the ambitious project within the stipulated time frame.
With this major contract win, L&T’s role in shaping the future of India’s transportation infrastructure becomes even more prominent. The company’s expertise and dedication are poised to play a crucial role in delivering a state-of-the-art high-speed rail network that will revolutionise travel in the country.
As the project gathers momentum, stakeholders eagerly anticipate the completion of the Mumbai-Ahmedabad Bullet Train, a testament to India’s commitment to modernization and technological advancements in transportation.