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Riyadh Metro contract ... a big win for L&T.

L&T wins $162m Riyadh Metro contract

RIYADH, September 1, 2015

Indian engineering and construction firm Larsen & Toubro (L&T) said it has won a contract worth Rs1,070 crore ($162 million) in Saudi Arabia to construct key facilities for Riyadh Metro lines.

As per the deal awarded by BACS consortium (Bechtel – Almabani – CCC – Siemens), L&T will be   constructing ballastless tracks for Riyadh Metro Lines -1 & 2 on a design and build basis.

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

The project is scheduled to be completed in 40 months, said the Railway Business Unit of L&T Construction, which has won the award.

The company has grown steadily over the years and secured prestigious orders in the railways and roads segments. The business has a pan-India presence and is also present in GCC countries with multiple projects.-TradeArabia News Service




Tags: Larsen & Toubro | Riyadh Metro |

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