Mumbai, Feb. 26 -- As per Larsen & Toubro's (L&T) classification, the value of the 'significant' contract lies between Rs 1,000 crore and Rs 2,500 crore.

The order is received for construction of Jakarta MRT project (Phase 2A) (contract package CP205) through L&T's long-term Japanese partner, Sojitz Corporation.

The company stated that this contract marks the first EPC Railway Systems Order for L&T in the ASEAN (Association of Southeast Asian Nations) region.

The Jakarta MRT Phase 2A is an extension of the existing Jakarta MRT line for the section between Bundaran HI up to and including Kota with a total length of approximately 12.5 km and 7 underground stations.

This package involves procurement and delivery of multiple systems acros...