Italcertifer S.p.A. has received a Letter of Acceptance (LoA) from National High Speed Rail Corporation Limited (NHSRCL) for undertaking consultancy services related to the Independent Safety Assessment (ISA) for the Mumbai–Ahmedabad High Speed Rail (MAHSR) Project.
NHSRCL invited bids for this contract with a 2558 Days- deadline. Technical bids were opened on 1 Oct 2025 revealing that only 2 firms have submitted bids for the contract. The technical evaluation of the submitted bids occurred on 14 Nov 2025 and both the firm’s bids qualified. Then financial evaluation of the bids took place on 14 Jan 2026. During the financial evaluation round Italcertifer s.p.a was declared as the lowest bidder for the contract and received LoA from NHSRCL.
Financial Bid Values
| Firms | Bid Value |
| Italcertifer S.P.A. | ₹ 53.6 Cr |
| Aether Engineering Solutions Pvt Ltd | ₹ 147.4 Cr |
Contract Duration: 2558 Days
Contract Scope Of Work: Selection of Consultant for Independent Safety Assessment (ISA) of Mumbai- Ahmedabad High Speed Rail (MAHSR) Project.
The Mumbai–Ahmedabad High-Speed Rail (MAHSR) Project is a 508.17 km long under-construction high-speed rail line which connects Mumbai in Maharashtra with Ahmedabad in Gujarat through 12 stations. The stations have been mentioned below:
Stations: Mumbai (Bandra Kurla Complex), Thane, Virar, Boisar, Vapi, Bilimora, Surat, Bharuch, Vadodara, Anand/Nadiad, Ahmedabad, and Sabarmati
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