L&T’s Railway Strategic Business unit bags ₹3,191-crore Bangladesh deal

MUMBAI: The Railways Strategic Business unit of infrastructure major Larsen and Toubro (L&T) Construction has bagged a 3,191-crore contract from Dhaka Mass Transit Company Ltd.

The business, which is a part of L&T Construction’s Transportation Infrastructure vertical, has won a contract for the Electrical & Mechanical Systems Package of Line 6 of Dhaka Mass Rapid Transit Development Project in Bangladesh in joint venture with Japan’s Marubeni Corporation, through an international competitive bidding process.

According to Rajeev Jyoti, CEO, Railways Strategic Business Group of L&T, the new contract comes on the back of the contract for Mauritius LRT system won by the business last year.

“The railways strategic business group of L&T Construction’s transportation infrastructure business unit has won a major design and build order from the Dhaka Mass Transit Company (DMTC) worth Rs 3,191 crore for the electrical and mechanical systems package of the Dhaka Mass Rapid Transit Development Project (MRT – line 6),” the firm said in a BSE filing.

The Line 6 is a north south line with a total length of 41 kilometre that will eventually connect Uttara to Ashulia and Motijheel to Kamalapur by 2025 in Dhaka city – the Capital of Bangladesh.

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.

The MRT Line-6 is an elevated Metro Rail system to be implemented in Dhaka, under a fast track priority initiative of the Government of Bangladesh. Once implemented, the MRT Line-6 will run from Uttara to Motijheel serving 16 stations along the way. The project is jointly financed by the Government of Bangladesh and Japan International Cooperation Agency (JICA).

MRT Line-6 is a part of the 20 year long Strategic Transport Plan (STP) chalked out by the Government’s Transport Coordination Authority (DTCA). In a view to implement the STP, Bangladesh Government invited Japan International Cooperation Agency (JICA) to conduct a primary survey and feasibility study on the transport system of Dhaka back in 2009-2010. In 2012 the Government’s Executive Committee of National Economic Council (ECNEC) approved the project. A loan agreement between Bangladesh Government and JICA was signed in January 2013. The same year, Dhaka Mass Transit Company Ltd. (DMTC), the implementing agency of MRT Line-6 project was formed. The General Consultant (GC) commenced work from February 2014.

The Metro Rail Act was approved by the National Parliament of Bangladesh in January 2015.

Following are some salient features of the MRT Line-6 ProjectSome Salient Features of MRT Line-6