L&T wins Rs 1,070-cr contract in Saudi Arabia

PTI Updated - January 22, 2018 at 06:50 PM.

Engineering major Larsen & Toubro today said it has bagged a contract worth Rs 1,070 crore in Saudi Arabia for constructing ballastless tracks for Riyadh metro lines.

The contract has been bagged by L&T Construction’s transportation infrastructure business from a consortium of Bechtel, Almabani, CCC and Siemens, to construct ballastless tracks for Riyadh metro 1 and 2 on design and build basis, a statement issued here stated.

The project involves the construction of 62.86 kms of double ballastless tracks in tunnels, viaducts, at—grade sections and three depots.

The project is scheduled to be completed in 40 months.

“This order has been won against stiff international competition and is in sync with L&T’s strategy to expand their railway business into the Middle—East,” the company said.

Published on September 1, 2015 09:01