The Dedicated Freight Corridor Corp of India (DFCCIL), has shortlisted four group firms for a 320 km rail link between Vadodara in Gujarat and Vaitarna in Maharashtra.
The contract is estimated to cost Rs 3,200 crore. The group of companies that have been shortlisted are: Larsen and Toubro and Sojitz Corp; Fujita and IVRCL; Ircon International and Mitsui and Co; Marubeni Corp, Tata Projects, KEC International, Gammon India, and GMR Infrastructure.
All these four groups have Japanese companies as lead partners, fulfilling a condition laid down by the Japan International Cooperation Agency, which will fund the project. The bids for designing and constructing the stretch are expected to be sought in a month's time.
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