The construction arm of Larsen and Toubro (L&T) has bagged a large order to construct the Sabarmati depot under the proposed Mumbai-Ahmedabad bullet train project.
The project cost has yet not been revealed by the firm, but according to the project classification of the company, a large project falls in the range of Rs 2,500 crore to Rs 5,000 crore.
The project assigned by the National High-Speed Rail Corporation includes commissioning of a depot spread over around 82 hectares in Gujarat, as per an exchange filing.
“The buildings and factories business of L&T Construction has secured an order from the National High-Speed Rail Corporation Limited (NHSRCL) to construct the Sabarmati Depot (MAHSR – D-2) in Gujarat for the (MAHSR project through a consortium led by Sojitz Corporation, Japan,” the company stated in a release.
The scope of the project involves design, supply, construction and testing, and commissioning of the depot spread over approximately 82 hectares including various specialised equipment required to inspect and maintain the rolling stock based on the proven Shinkansen technology and upon completion, will be the biggest depot in India for this purpose.
L&T is already executing civil viaduct and station packages (C4, C5 & C6), special steel bridges packages P4(X) and P4 (Y), and ballastless track works for the bullet train project.
L&T is an Indian multinational engaged in EPC projects, hi-tech manufacturing and services. It has operations in over 50 countries.
Shares of L&T closed marginally up by 0.04 percent at Rs 2,085.25 on the BSE on Monday.
