L&T bags Rs 8,250-crore Riyadh metro project order

Engineering major Larsen & Toubro (L&T) and its consortium partners have bagged an order valued at $1,403 million or Rs. 8,250 crore to develop a metro project in Saudi Arabia.

L&T Construction won the turnkey contract from ArRiyadh Development Authority in Saudi Arabia for the design, construction and commissioning of the metro project in Riyadh.

“The heavy civil infrastructure business of L&T Construction has taken the lead and made a major breakthrough in the international market by securing an order worth $1,403 million or Rs. 8,250 crore from the ArRiyadh Development Authority,” the company said in a statement on Monday.

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