L&T wins Rs 8,250 cr Riyadh metro project order

Larsen & Toubro (L&T) and its associated partners have received an order valued at Rs 8,250 crore to develop a metro project in Saudi Arabia. The contract is a part of Rs 35,000 crore-project which is to be completed in 4 years. Larsen & Toubro won its biggest ever overseas order in Saudi.

The contract includes construction of bridges, tunnels, elevated and underground stations, depots, roads, systems for closed circuit television and public announcements, SCADA with allied systems for the first-of-its-kind project in the Kingdom.

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Categories: Business & Economy Current Affairs 2017

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