L&T Wins Large Order in Bullet Train Project
The order is classified as 'large' (₹2,500 to ₹5,000 crore), and it represents a substantial portion of a major national project, indicating a high impact on L&T's business.
The announcement details a significant new order win for L&T in a major infrastructure project.
* L&T has secured a large order from National High Speed Rail Corporation Ltd (NHSRCL) to construct 156 Route Km (RKM) of high-speed ballastless track (Package T1) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) Corridor. * The project includes design, supply, construction, testing & commissioning of track-works between Mumbai (Bandra-Kurla complex) and Zaroli village in Gujarat, including over 21 km of underground track-works and 135 km on elevated viaducts. * This is L&T's second track-work package in MAHSR, following the Package T3 (116 km) awarded in April 2022. * L&T is now responsible for over 50% of the track-works in MAHSR. * Japanese Shinkansen J Slab Track Technology will be used, enabling speeds up to 320 kmph. * Mr. S V Desai, Whole-time Director & Sr EVP (Civil Infrastructure), L&T, stated that their success in the T3 package, involving technology absorption and indigenization, was a key factor in securing this new order and expressed confidence in on-time delivery.
What to do with a filing like this
Larsen & Toubro Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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