L&T likely to get suburban rail corridor-2 tender in a month
The tender for civil work on the suburban rail corridor-2 between Baiyyappanahalli and Chikkabanavar (25 km) is likely to be awarded in 30 days with Larsen & Toubro (L&T) emerging as the lowest bidder.
Rail Infrastructure Development Company (Karnataka) Limited (K-RIDE) opened the financial bids for the project on Monday.
“It will take us two to three weeks to award the work. Now the tender appreciation committee will go through the details of the offer. If found satisfactory, the offer will be placed before the (K-RIDE) board, which will decide on issuing the letter of acceptance. All this may take less than 30 days,” a senior official in K-RIDE said.
The company has quoted Rs 850 crore for the project.
