L&T Construction’s Heavy Civil Infrastructure Business has bagged a contract worth $1.403 billion (Rs 8,250 crore) from Riyadh Development Authority for a metro project in Saudi Arabia. The scope of work involves design, construction and commissioning of Line 3, which will be a 41 km long Driverless Train Operation line. The contract includes construction of bridges, tunnels, elevated and underground stations, depots, roads, systems for CCTV and public announcements and SCADA with allied systems, among others. Stage 1 will span for eight months and will involve work related to detailed designing and for undertaking enabling works, coordination for utilities diversion and the site preparation works. The Stage 2 involves actual implementation of the project and will span for four years. The Stage 3 will involve system demonstration, trial runs and project handing over.
FlashNews:
Integrated Exhibition Cum Convention Centre (IECC), better known as Bharat Mandapam, achieves prestigious GRIHA 4-Star Rating
REC Limited Signs Agreement with CVPPL, to provide ₹2147.508 Crore Term Loan to Develop 1000MW Pakal Dul Hydro Electric Project
NBCC Reports Robust 40% Surge in Net Profit
The time to invest in India’s energy sector is now, says PM Modi
India’s Oil Minister Urges Energy Justice to Ensure Equitable Global Energy Transition
How Budget 2025-26 May Bolster Investments in India’s Infrastructure Sector
REC Declares 3rd Interim Dividend of ₹4.30 per share; Net Profit up 23% to ₹4,029 crore
REC wins Gold Shield in ICAI Award for Excellence in Financial Reporting for the Financial Year 2023-24
Budget 2025: Key Highlights
Budget 2025: Key Announcements Impacting Real Estate
Rs 1 trn Urban Challenge Fund to Boost Infrastructure
FM Unveils Major Initiatives for Bihar in 2025 Union Budget
Budget 2025-26: Industry reactions
Budget 2025-26: Rs 1 lakh crore fund to transform cities
Budget 2025-26: India’s startup ecosystem gets Rs 10,000 crore Fund of Funds
NBCC Celebrates 76th Republic Day at Its Headquarters
RECPDCL Handovers HVDC Transmission Project’s SPV viz. Rajasthan Part I Power Transmission Limited to Adani Energy Solutions Limited
15th Cement EXPO: A Step Forward in Cement Innovation
MOU signed between NBCC and Hindu College for development of “Centre for Advance Studies”
Home » L&T bags Rs 8,250-cr order from Saudi Arabia
L&T bags Rs 8,250-cr order from Saudi Arabia
ECONOMY & POLICY
August 1, 2013August 1, 2013

Leave a Reply
You must be logged in to post a comment.