Published On:April 25 2014
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Larsen and Toubro wins Rs. 4,510 crore order in Doha metro project.
Larsen and Toubro (L&T) has won Rs. 4,510 crore order for design and construction of the Golden Line of the Doha metro project strengthening its presence further in the overseas market, especially the Gulf region.
In a statement issued, L&T said it has secured the order along with its joint venture partners Aktor - Greece, Yapi Merkezi Insaat - Turkey, STFA Group - Turkey and Al Jaber Engineering - Qatar. The total value of order for the joint venture is $3.3 billion (around Rs. 20,000 crore).
The project is scheduled to be completed in 54 months. The contract includes the design and construction of twin tunnels for an approximate length of 11 kilometre and nine underground metro stations among other works.
The Financial Express