Larsen & Toubro Will Make India’s Longest Railway Bridge: 5 Facts You Should Know

According to the latest updates, the Infrastructure giant, Larsen and Toubro (L&T) has bagged the contract to build the country’s longest river bridge. 

Facts You Should Know

1. L&T will be building a 19-km long river bridge, which will be built along the NH 127-B across the Brahmaputra river.
   
2. The bridge will connect two states, at one side, it will be connected to Dhubri in Assam, on the other side,  it will be connected to Phulbari in Meghalaya. 
3. The construction arm of the conglomerate, L&T Construction has secured the contract and soon will be executing the project. 
4. This move holds a strategic relevance as it will help in improving the connectivity of the northeastern states with the rest of the country, after completion.
5. In addition to that, it is going to establish a vital link between the states of Assam and Meghalaya as this will be reducing the distance by 250 km. 

Strategic Significance

Currently, the travel time between Dhubri and Phulbari by ferry is around two-and-a-half hours.

“Not only the bridge will be a crucial passage for offering easier access to the international borders but will give a big boost to trade and commerce in the region for the accelerated development of all northeastern states especially Meghalaya, Assam, Tripura, and the Barak Valley,” said S V Desai, whole-time Director, Senior Executive VP(Civil Infrastructure), L&T.

L&T also won a mega-contract worth more than Rs 7,000 crore from the National High-Speed Rail Corporation Limited (NHSRCL), prior to this.

Under this, they have to construct the 87.57 km long stretch of the Mumbai-Ahmedabad high-speed rail or the bullet train project.

During the auction of the C9 project package, L&T emerged as the lowest bidder.

C9 project package comprises the stretch of a viaduct between Vadodara and Ahmedabad, and the Anand/Nadiad Station.

In the last trading session, L&T was seen trading at 1.02 per cent lower at Rs 1123 apiece on the BSE.

Edelweiss has given a buy rating to Larsen & Toubro with a target price of Rs 1280.