Larsen and Toubro (L&T) informed the stock market on Monday. The agency said that the National High-Speed Rail Corporation has bagged a contract to set up a depot on an area of 82 hectares. This depot will be built in Sabarmati, Ahmedabad. Although the company did not disclose the value of the deal, it is estimated to be between Rs 2,500 crore and Rs 5,000 crore.
Providing information, Larsen & Toubro (L&T) said that L&T Construction’s building and factory business has bagged the contract from NHSRCL to construct the Sabarmati depot in Gujarat. He will carry out this work in cooperation with Sogyz Corporation.
The bullet train will run for 18 hours
This project is being developed in such a way that people do not face any problem in commuting. The train service will start from 6 am and will continue till 12 midnight. Trains will be available every 20 minutes during peak hours and half hourly during non-peak hours.