Larsen & Toubro’s Dhaka Metro Package Bid Reaches Tk 64.46 Billion

Key Facts

Indian company Larsen & Toubro’s bid for a systems package in Dhaka Metro projects was Tk 64.46 billion, according to The Financial Express. The package covers signaling and communications systems, platform screen doors and an enterprise resource planning system, according to the Bangladesh Public Procurement Authority’s record. The authority listed the company as a contractor in the package’s acceptance notice, published on 15 October 2026. The notice records the scope of work and the company’s name in the government procurement register. The package is part of work on the MRT-1 and MRT-5 North metro lines.

The newspaper said the company’s bid was 50.89% higher than the package’s original tender cost. This shows a gap between the tender estimate and the submitted bid, while the published information does not detail the reasons for the increase. This package is separate from other rail and power works being carried out by a partnership between Larsen & Toubro and Sumitomo. The larger figure cited in the draft therefore does not refer to a single contract for the company. The published coverage also concerns procurement contracts for two metro projects, not broader investment arrangements in the country.

The procurement committee approved 8 infrastructure and power packages for the MRT-1 and MRT-5 North lines, with a total estimated cost of Tk 584.77 billion, according to The Financial Express. The newspaper reported that approval for the two Japan-funded projects came about two weeks after the Executive Committee of the National Economic Council approved revisions to their proposals. The revision more than doubled the original estimates. These figures place Larsen & Toubro’s bid within a larger procurement program involving several packages and contractors. Separating the packages means the value of work awarded to the company does not represent the total cost of the two projects.

The acceptance notice for the systems package was published on 15 October 2026, before this story was published on 27 October. Larsen & Toubro’s board was scheduled to consider on 27 October the unaudited financial results for the quarter and half-year ended 30 September 2026, according to the company’s investor relations website. The timing of the results review coincides with the circulation of details about the Dhaka package, but the available information does not link the two events or provide data on the contract’s effect on results. Nor are there verified price data supporting a description of the company’s share movement following the news.