NHSRCL invites bids for construction of 21-km tunnel for Mumbai-Ahmedabad bullet train
The National High Speed Railway Corporation Limited (NHSRCL) on Friday invited bids for the construction of a 21-km long tunnel for the Mumbai-Ahmedabad High Speed Rail Corridor.
The National High Speed Railway Corporation Limited (NHSRCL) on Friday invited bids for the construction of a 21-km long tunnel for the Mumbai-Ahmedabad High Speed Rail Corridor.
The tunnel will be built between the underground station at Bandra-Kurla Complex and Shilphata in Thane district of Maharashtra, a spokesperson of the NHSRCL said.
See Zee Business Live TV Streaming Below:
The bids have been invited for the tunnelling work 21 km underground, including a 7-km long undersea tunnel to be built using Tunnel Boring Machine (TBM) and New Austrian Tunnelling Method (NATM), he said.
The package is open to Japanese and Indian companies, the official added.
The total cost of Mumbai-Ahmedabad High Speed Rail Corridor project is pegged at Rs 1.08 lakh crore.
As per the shareholding pattern, the Centre is to pay Rs 10,000 crore to the NHSRCL, while Gujarat and Maharashtra are to pay Rs 5,000 crore each. The rest is to be paid by Japan through a loan at 0.1 per cent interest.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
05:29 PM IST