Bengaluru Suburban Rail Project: L&T is lowest bidder for Mallige line
BENGALURU: Larsen & Toubro Limited has emerged as the lowest bidder for the first stretch of the Rs 15,767-crore Bengaluru Suburban Rail Project (BSRP) in the financial tender which was opened on Monday. The Rail Infrastructure Development Enterprises (Karnataka) Limited (K-RIDE) had issued tenders for the 25.01-km Baiyappanahalli-Chikkabanavara Line (Mallige line) on November 23 last year.
L&T had quoted Rs 849.97 crore to carry out civil works for the line, over Rs 350 crore less than the next bidder. Three concerns had qualified in the technical bids opened on March 3.
