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Metro

L&T

Bags Noida Metro Aqua Line extension order

Rs 1,000-2,500 crore
Image: The Financial Express
Type
Infrastructure · Metro
Where
Aqua Line, Noida
Reported
9 November 2026
LOKAZEN DESK1 MIN READBased on reporting by The Financial Express

L&T has won a contract worth Rs 1,000-2,500 crore from Noida Metro Rail Corporation to build a 15.1-km stretch of the Aqua Line extension.

Client
Noida Metro Rail Corporation (NMRC)
Contract value
Rs 1,000-2,500 crore
Route length
15.1 km elevated viaduct
Stretch covered
Botanical Garden to Sector-142, and Depot Station to Boraki
Stations to be built
10 elevated stations
L&T order book (Sept 2026)
Rs 8.54 trillion

What's happening

Larsen & Toubro has been handed a new contract by the Noida Metro Rail Corporation to construct a portion of the Aqua Line extension in Noida.

The work has gone to L&T's heavy civil infrastructure unit, and the company has described the contract as a large one.

The details

The contract covers building an elevated metro track running 15.1 km, linking Botanical Garden with Sector-142, as well as a separate stretch between the Depot Station and Boraki.

As part of the job, L&T will put up ten raised stations along the route and handle their finishing touches, in addition to taking on some of the design work for the line.

Why it matters

Once built, the extended line is meant to make travel across Noida smoother and cut commute times for residents.

The new stretch is also seen as a way to link up more residential and business pockets of the city, feeding into its broader push to expand transport links.

For L&T, the deal adds to a record run of order wins; the firm posted its biggest-ever quarterly inflow of Rs 1.48 trillion in the July-September quarter of FY27, up 28% from a year earlier, lifting its total order book to Rs 8.54 trillion.

WHERE IT LANDS

WHAT IT MEANS

Lokazen’s read
  • For brands & retailers

    The Aqua Line extension could create future transit-linked footfall along the new corridor, supporting station-oriented retail once operational.

  • For businesses

    The Aqua Line extension could improve commuting options for office occupiers located along the extended corridor.

  • For investors & landlords

    Metro expansion could lift interest in transit-accessible sites along the Aqua Line extension, subject to delivery and station access.

HOW TO GET AHEAD

Compare retail and office sites along the Aqua Line extension in Noida.

Lokazen’s analysis of this report and our location data. A guide for choosing locations, not investment advice.

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