Infra major L&T alongwith Japanese major Sojitz Corporation may bag a large dedicated rail freight corridor contract valued at about Rs.6,7000 crore. This will be the country’s single largest railway contract and involves civil and track construction of 640 Km stretch between Rewari in Haryana and Palanpur in Gujarat.
The stretch is a part of the 1,483 km Western dedicated rail freight corridor to be built between Dadri near Delhi and JN Port near Mumbai. “L&T and Sojitz consortium have emerged as the lowest bidders for the Rewari-Palanpur contract. The consortium has submitted a price bid of about Rs.6700 crore,” sources said. The competing bidder – IRCON-Mitsui-Leighton consortium has submitted a price bid of about Rs.11000 Crore and stood L2.