Bullet Train contracts to prefer Indian firms

30 Nov 2020 Editorial Team

VK Yadav, Chairman and CEO of the Railway Board, declared on Friday that domestic companies would take 72% of the Mumbai-Ahmedabad bullet train project contracts.

Indian contractors will perform most of the high-value technical work such as building bridges and tunnels. The Indian component of the work will include all civil engineering work, including bridges, under-sea tunnel related contracts. Japanese companies will be relegated to handling work related to signalling, telecommunications, initial rolling stock and electrical work, Yadav said at a webinar held by the Associated Chambers of Commerce of India (ASSOCHAM).

A loan of Rs 88,000 crore will be provided by the Japan International Cooperation Agency (JICA), as part financing of the approximately Rs 1.10 lakh crore for the much-hyped 508 km long high-speed rail corridor project.

Yadav said that the push for domestic award is a part fulfilment of the government’s objective of the Aatmanirbhar Bharat mission. The Chairman acknowledged a standing issue with the Mumbai-Ahmedabad Bullet Train corridor, land acquisition, and confirmed that the project is being deferred from the expected date. Ninety per cent of the land in Gujarat has already been obtained, and the remaining 10 per cent will be available by 31 December.

Infrastructure Energy

08 Sep 2025

PSA Mumbai Doubles Capacity to 4.8m TEUs With Phase 2

Prime Minister Narendra Modi and Singaporean Prime Minister Lawrence Wong on Thursday virtually inaugurated Phase 2 of the Bharat Mumbai Container Terminal (PSA Mumbai), developed by PSA International at the Jawaharlal Nehru Port Authority (JNPA) in Navi Mumbai.With the commissioning of Phase 2, PSA Mumbai has doubled its annual handling capacity to 4.8 million TEUs, making it India’s largest container terminal. The terminal, spanning 2,000 metres of continuous quay length, has been designed to handle multiple mega container vessels simultaneously, supporting both domestic and global trade f..

JNPA Doubles Container Capacity With Rs 79.2 Billion Terminal

In a major boost to India’s maritime infrastructure, Prime Minister Narendra Modi and Singaporean Prime Minister Lawrence Wong virtually inaugurated the second phase of the PSA Bharat Mumbai Container Terminal (BMCT) at Jawaharlal Nehru Port Authority (JNPA) on Thursday.With this commissioning, BMCT becomes India’s largest standalone container terminal, doubling its handling capacity from 2.4 million TEUs to 4.8 million TEUs (twenty-foot equivalent units). This milestone also establishes JNPA as the country’s largest container port by capacity.The Rs 79.2 billion project was developed un..

Concor to Operate New Container Terminal at Bhavnagar Port

The Container Corporation of India (Concor) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) to operate and maintain the upcoming container terminal on the northside of Bhavnagar Port, Gujarat.Under the MoU, Concor will serve as the terminal operator, overseeing operations, management, and marketing of the facility. This move marks Concor’s strategic foray into direct port operations, aligning with its goal of forward integration in the logistics value chain. The detailed terms and conditions of the agreement are currently being finalised.The upcoming..