L&T bags 'mega order' for bullet train project

New Delhi: Larsen & Toubro (L&T) on Tuesday said its construction arm has bagged a 'mega order' to set up an electrification system for the bullet train project in the country. The order has been bagged from an authorised Japanese agency.

While L&T did not disclose the exact value of the contract, it counts an order as 'mega' when it is valued at ₹10,000-15,000 crore.

"The railways strategic business group of L&T Construction has secured a mega contract to ....construct 508 route km of high-speed electrification system works for the Mumbai-Ahmedabad High-Speed Rail (MAHSR) Project, popularly referred to as the bullet train project," the company said in a filing to BSE.


This electrification system will enable trains to travel at speed of up to 320 km per hour.

Shares in L&T gained 0.88% to 3573.8 on BSE Tuesday.