​​​
  1. L&T Construction bags Rs 3,191 crore order for Dhaka Metro

L&T Construction bags Rs 3,191 crore order for Dhaka Metro

Larsen & Toubro (L&T) today said L&T Construction has bagged a Rs 3,191 crore order from Dhaka Mass Transit Company for construction of a railway line for Dhaka Metro.

By: | New Delhi | Published: May 25, 2018 10:39 AM
larsen toubro, L&T, dhaka metro, larsen and toubro contact, larsen toubro construction, bangladesh L&T said it has secured the order in JV with Marubeni Corporation (Japan) through an international competitive bidding process. (Reuters)

Larsen & Toubro (L&T) today said L&T Construction has bagged a Rs 3,191 crore order from Dhaka Mass Transit Company for construction of a railway line for Dhaka Metro. L&T said it has secured the order in JV with Marubeni Corporation (Japan) through an international competitive bidding process. “The railways strategic business group of L&T Construction’s transportation infrastructure business has won a major design and build order from the Dhaka Mass Transit Company (DMTC) worth Rs 3,191 crore for electrical and mechanical systems package of Dhaka Mass Rapid Transit Development Project (MRT – line 6),” the firm said in a BSE filing.

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. Shares of the company were trading at Rs 1,339.90 apiece, up 0.09 per cent, on BSE.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Go to Top