Larsen & Toubro (L&T) is set to win one of the largest infrastructure tenders the country has seen.
It is likely to be the lowest bidder for the design and construction of civil works for 47 per cent of the alignment of the Mumbai-Ahmedabad High-Speed Rail corridor.
Three bidders, involving seven major infrastructural companies, had participated in competitive bidding.
The bidders other than L&T were the Afcons Infrastructure-IRCON International-JMC Projects India consortium, and the Tata Projects-NCC-J Kumar Infra Projects-HSR consortium. While L&T quoted Rs 24,985 crore for the 237-km stretch, the second-nearest bidder, the consortium led by Tata Projects, quoted