Construction Infrastructure
Railways float tender for 58 Vande Bharat trains
Indian Railways has floated a tender for 58 rakes of Vande Bharat Express trains on Saturday. This comes up after Prime Minister Narendra Modi announced on Independence Day that 75 trains will be launched in 75 weeks which will connect different parts of the country.
The coaches of these trains will be manufactured at the Integral Coach Factory, Chennai; Modern Coach Factory, Rae Bareilly and Rail Coach Factory, Kapurthala. Earlier this year, railways had filed a tender for 44 rakes of Vande Bharat. 102 Vande Bharat trains would be ready by 2024 including the new 58 rakes.
The closing date for the tender is October 20. A pre-bid meeting would be held on September 21 with the cut-off date for submission of pre-bid queries being September 14.
News Source : Hindustan Times
Construction Infrastructure
The Adani Enterprises unit has received a letter of approval for an NH project in Maharashtra
Adani Road Transport Ltd (ARTL), a wholly owned subsidiary of Adani Enterprises, has received LoA for a project involving six laning of Kagal-Satara section of NH-48 (old NH4) in Maharashtra. The project will be executed under the Bharatmala Pariyojana at ₹2,008.47 crores. The construction period for the 67-km long road project is expected to be 2 years from the date of appointment and the concession period will be 18 years.
With this project award, Adani’s road portfolio will have total 14 projects with more than 5,000 lane km with asset value exceeding ₹41,000 crore spread across India.
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