The Shilphata-Zaroli segment of the high-speed corridor is situated on the border between Maharashtra and Gujarat. Once the technical evaluation is complete, the financially qualified candidates will be permitted to submit their financial proposals.
Four companies, including Larsen & Toubro, have submitted proposals for the design and construction of civil and building works along the 135-kilometer alignment between Shilphata and Zaroli as part of package C-3 of the Mumbai-Ahmedabad high-speed rail line, according to the company in charge of the bullet train project.
National High-Speed Railway Corporation Ltd (NHSRCL) stated in a statement that it has received four bids from M/s Larsen & Toubro Ltd, NCC-J Kumar (JV), M/s Afcons -KPTL Consortium, and M/s Dineshchandra-DMRC JV for package C-3, which comprises Thane, Virar, and Boisar HSR stations.
The Shilphata-Zaroli segment of the high-speed corridor is situated on the border between Maharashtra and Gujarat. “Once the technical evaluation is complete, the financial bids of the technically qualified bidders will be opened,” stated the statement.
The Mumbai-Ahmedabad high-speed rail corridor (bullet train project) is estimated to cost Rs 1.08 lakh crore in total.
In accordance with the shareholding structure, the Government of India will pay Rs 10,000 crore to NHSRCL, while Gujarat and Maharashtra will each pay Rs 5,000 crore. Japan will pay the remaining balance through a loan with an interest rate of 0.1%.
Prime Minister Narendra Modi has repeatedly emphasised the significance of the pioneering growth-promoting rail initiative. Prime Minister Modi stated that the prestigious bullet train will be a game-changer, in addition to being a symbol of the ‘New India’ that his government seeks to create, while emphasising that’more productivity with high-speed connectivity’ is what the country will gain from the bullet train.