L&T emerges as lowest bidder for 25-km urban rail project
The Rail Infrastructure Development Company (Karnataka) Limited (K-RIDE), which recently opened financial bidding for an elevated Baiyappanahalli-Chikkabanavara rail line project, has declared Larsen and Toubro as the lowest bidder. MD, KRIDE, Amit Garg, informed that the tender committee is studying the documents to finalize the contract. K-RIDE had floated tenders for civil works of corridor 2 - named as Mallige line with a length of 25 km with 14 stations and the agency will float separate tenders for the construction of stations on the corridor and tenders for the remaining three corridors will be floated one after another as quickly as possible. K-RIDE has been tasked with the construction of the entire suburban rail network for a distance of 148 km and involving a combined investment of ₹15,676 crore. The contractor is likely to mobilize the required resources to the project site within a fortnight to start the construction work.
