L&T wins an order from Noida Metro Rail Corporation worth between ₹1,000 crore and ₹2,500 crore for the Aqua Line extension
Larsen & Toubro said on 9 November 2026 that it won a 'Significant' order, which the company defines as ₹1,000 crore to ₹2,500 crore, from Noida Metro Rail Corporation. The work is a 15.1 km elevated line and 10 stations, due within 36 months. The exact value is not disclosed.
Larsen & Toubro (L&T), the engineering and construction group, said on 9 November 2026 that its heavy civil infrastructure business has won an order from Noida Metro Rail Corporation Ltd for part of the Noida Metro Aqua Line extension. The company labelled it a “Significant” order, which in its own scale means a value between ₹1,000 crore and ₹2,500 crore. It did not state the exact value. The company said the work is to be completed within 36 months.
What the company said
| Item | Detail |
|---|---|
| Date of announcement | 9 November 2026 |
| Customer | Noida Metro Rail Corporation Ltd |
| L&T business | Heavy Civil Infrastructure |
| Work | Part design and construction of the Noida Metro Aqua Line extension |
| Elevated viaduct | 15.1 km, from Botanical Garden to Noida Sector-142 and from Depot Station to Boraki |
| Stations | 10 elevated metro stations, including architectural finishes |
| Completion time | Within 36 months |
| Order classification | Significant (₹1,000 crore to ₹2,500 crore) |
A viaduct is a raised structure that carries the metro track above the ground. “Part design and construction” means the order covers a portion of the extension project, not all of it. The release does not say which other portions exist or who holds them.
How L&T classifies order sizes
L&T does not usually state the exact value of each order. Its press releases instead use a scale, with values in ₹ crore (one crore is ten million rupees):
| Label | Order value (₹ crore) |
|---|---|
| Significant | 1,000 to 2,500 |
| Large | 2,500 to 5,000 |
| Major | 5,000 to 10,000 |
| Mega | 10,000 to 15,000 |
| Ultra-Mega | Above 15,000 |
This order falls in the first band. The actual contract value could therefore be anywhere in that range. Daily Excelsior reported the order as “between ₹1,000 crore and ₹2,500 crore”, the same band.
Basis of these figures
All details above are from L&T’s press release dated 9 November 2026 on its website, which was opened and read. Daily Excelsior carries the same band, scope, station count and 36-month timeline. The release does not give the exact order value, the start date, or the share of the full project that this order covers, so this article does not state them. This article reports the announcement only and carries no view on the company or its shares.