L&T construction arm is lowest bidder for Uttarakhand railway project

The Rs 3,338 crore order is a contract from Rail Vikas Nigam for package-4 of a new broad-gauge line between Rishikesh and Karnaprayag

After Larsen & Toubro’s (L&T’s) engineering business snapped up orders worth Rs 10,000 crore from Hindustan Petroleum joint venture, its construction arm has now emerged the lowest bidder for tunnelling work on the ongoing 125-km-long Rishikesh-Karnaprayag railway line in Uttarakhand.

The order, worth Rs 3,338 crore, is a contract from Rail Vikas Nigam (RVNL), whose financial bids concluded recently, said sources close to the development.

The scope of this project includes completing the tunnelling, construction shaft, and ancillary work in the Himalayan state of Uttarakhand.    

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