26 August 2025 â Alstom, a global leader in smart and sustainable mobility, has been commissioned to supply 234 Metropolis metro cars (39 trainsets of 6 cars each) and Communications Based Train Control (CBTC) signalling system with five years of maintenance service, by Larsen & Toubro Limited, India. The total value for the supply of these products, solutions and services amounts to a few hundred million euros for Alstom. Larsen & Toubro India was recently awarded the contract by Mumbai Metro Regional Development Authority (MMRDA) to provide Integrated Systems Package for Mumbai Metro Line 4 (Green Line), which includes rolling stock, CBTC signalling and train control, telecommunication, platform screen doors, and depot machinery & plant with five years of maintenance. L&T has partnered with Alstom for the rolling stock and signalling system with five years of maintenance.
Related Questions
What execution risks (e.g., currency exposure, local regulatory approvals, integration with L&T, and delivery schedule) could impact the projected cash flows from this contract?
How will the multiâhundredâmillionâeuro contract affect Alstom's nearâterm revenue and earnings guidance?
What is the relative upside of this deal compared to recent contracts awarded to competitors such as Siemens, Hitachi, or CAF in the Indian metro market?