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L&T Construction wins order worth Rs 3191 crore

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Capital Market

From Dhaka Mass Transit Company

The Railways Strategic Business Group of L&T Construction's Transportation Infrastructure business has won a major Design & Build order from the Dhaka Mass Transit Company (DMTC) worth Rs 3191 Crore for Electrical & Mechanical Systems Package of Dhaka Mass Rapid Transit Development Project (MRT - Line 6).

Line 6 is the first route of the Mass Rapid Transit system in Bangladesh. The project is funded by the Japan International Corporation agency (JICA) through bilateral aid from Japan to Bangladesh. L&T has secured the order in JV with Marubeni Corporation (Japan) through an international competitive bidding process.

 

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First Published: May 25 2018 | 9:38 AM IST

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