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 Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..