Bullet train: Tata, Nippon bag project mgt contract

22 Mar 2021 Editorial Team

Two global consortia led by Tata Consulting Engineers and Nippon Koei have technically qualified to provide project management consultancy (PMC) services for the construction of the 508.17 km Mumbai–Ahmedabad High-Speed Rail (MAHSR) project.

The National High-Speed Rail Corporation (NHSRCL) in December 2016 had appointed a General Consultant (GC) team comprising of Japan International Consultants for Transportation—Nippon Koei–Oriental Consultants Global and is now looking to appoint a dedicated PMC firm to manage construction work, a bulk of which is under construction by Larsen and Toubro (L&T).

NHSRCL had invited bids for the Project Management Consultancy (PMC) on November 11 and plans to select a consultant based on the Quality and Cost Based Selection (QCBS) method. Technical bids were opened in December-end last year to reveal three bidders.

Scope of work includes PMC services for the construction of civil works packages of Mumbai-Ahmedabad HSR.

Qualified bidders and scores (out of 100):

Tata Consulting Engineers–Consulting Engineers Group-Aarvee Associates-PADECO Co JV: 99.25

Nippon Koei–Oriental Consultants Global Co–RITES JV: 97.25

Disqualified bidders included Engineers India-RODIC Consultants-STUP Consultants-LEA Associates South Asia joint venture.

Nippon Koei India Pvt Ltd (NK India) is a wholly-owned subsidiary of Nippon Koei Co Ltd of Japan (Nippon Koei), specialising in engineering consulting and electric power engineering with headquarters in New Delhi. The company focuses on projects in India and other developing countries.

Image Source

Also read: L&T bags Mumbai – Ahmedabad Bullet Train Project

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..