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

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Press Trust of India Mumbai
Last Updated : Sep 01 2015 | 2:48 PM IST
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.
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First Published: Sep 01 2015 | 2:48 PM IST

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