Larsen & Toubro (L&T) has bagged an overseas civil construction order worth Rs 8,250 crore ($1.4 billion) from ArRiyadh Development Authority in Saudi Arabia for the design, construction and commissioning of the metro project in Riyadh, Saudi Arabia. L&T Construction won the major contract as part of a consortium that includes Ansaldo STS, Bombardier Transportation Ltd, Impregilo S.P.A and Nesma & Partners of Saudi Arabia.
The total value of order is $5.94 billion (approximately Rs 35,000 crore), of which the job to be done by L&T is worth $1.4 billion. This order is a part of a Rs 35,000 crore (USD 5,941.93 million) project, which is to be implemented in four years.
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