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L&T bags order worth 3,375 crore from Metro Express

02 Aug 2017 Evaluate

Larsen & Toubro (L&T) has bagged a Rs 3,375-crore major breakthrough order from Metro Express which is owned by the Government of Mauritius to design and build an Integrated Light Rail-based Urban Transit System in the African island nation. The project has been won against competition and will be fully funded through a Government of India grant and Line of Credit. Although the project is scheduled to be completed in 48 months, L&T commits to complete and deliver a priority section of 13 km in 24 months.

The 26-km route will connect Curepipe to Immigration Square in Port Louis and will feature 19 stations, 2 of which will be state-of-the-art elevated stations. Apart from stations, the scope of the project will include the construction of viaducts & bridges, track works (with substantial ballastless tracks including plinth, embedded and grass tracks), DC electric traction systems, ticketing & passenger information systems and integration with road traffic through advanced signaling systems, procurement of rolling stock from world majors in LRT (Light Rail Transit) and construction of depots along with maintenance equipment.

Larsen & Toubro is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations.

Larsen & Toubro Share Price

3973.60 -48.90 (-1.22%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3973.60
Rail Vikas Nigam 305.00
NCC 169.85
KEC International 598.10
Kalpataru Projects 1274.45
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