Larsen & Toubro (L&T) shares were in focus on Monday’s trading session following the announcement of a significant contract from the National High Speed Rail Corporation Ltd (NHSRCL) to build 156 Route Km (RKM) of high-speed ballastless track (Package T1) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) Corridor.
The scope of the project encompasses the design, supply, construction, testing, and commissioning of track works on a Design-Build Lump Sum Price arrangement between Mumbai (Bandra-Kurla complex) and Zaroli village in Gujarat. This effort also includes over 21 km of underground track work (linking to Civil packages C1 and C2) and 135 km of track on elevated viaduct sections (Pkg C3).
This order represents the second track work package that L&T has acquired for the MAHSR project. In April 2022, NHSRCL granted Package T3 (116 km) to L&T from just south of Vadodara city to the Sabarmati depot, which is advancing swiftly. With this latest contract, L&T is now responsible for more than 50% of the track works for the MAHSR.
The Japanese Shinkansen J Slab Track Technology will be utilized for the track works, allowing for speeds of up to 320 km/h, improved ride quality, and enhanced durability and maintainability.
