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Bullet prepare: L&T will get Rs 25,000 crore contract


MUMBAI: Larsen & Toubro (L&T) has bagged a Rs 25,000 crore contract from the federal government for numerous companies, together with engineering. The contract is for the implementation of a part of the formidable bullet prepare mission between Mumbai and Ahmedabad.

L & T’s Chief Govt Officer (CEO) and Managing Director SN Subramaniam informed reporters in the course of the announcement of the monetary outcomes on Wednesday, “We have now gained the biggest and most prestigious contract until date (Wednesday) from the federal government. That is an order of Rs 25,000 crores. That is the most important contract for us. Additionally, that is the biggest single order for such an enormous quantity, which the federal government has given. He stated that the mission must be accomplished in 4 years below the contract.

It’s price mentioning that the Nationwide Excessive Velocity ​​Rail Company opened bids of about Rs.1.08 lakh crore for the Ahmedabad-Mumbai Bullet Rail Undertaking on September 24. This consists of a part of the mission falling in Gujarat. Seven bidders have been discovered eligible for the 508 km mission. Mumbai may be reached from Ahmedabad by bullet prepare in two hours. About 47 % of the hall was laid on this tender, which is between Vapi to Vadodara in Gujarat. (Company)

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