(Reuters) - A group led by Bombardier Inc (BBDb.TO) has won a $4.1 billion passenger train contract with the Australian state of Queensland.
Bombardier, the world’s largest trainmaker, said its share of the rolling stock contract was worth about $2.7 billion.
Bombardier will supply 75 electrical-powered trains, build a depot and provide maintenance for 30 years.
The depot design and construction will be subcontracted to UK-based construction company Laing O‘Rourke, Bombardier said in a statement.
Queensland is looking to replace its aging passenger train fleet to meet an increase in demand as the south-eastern part of the state grows.
Bombardier won a $639 million order earlier this month for 365 additional rail cars from the San Francisco Bay Area Rapid Transit District.
Bombardier shares closed down 7.6 percent at C$4.17 on Thursday on the Toronto Stock Exchange after the company warned of a delay in deliveries of its new CSeries jets.
Reporting by Ashutosh Pandey in Bangalore; Editing by Joyjeet Das and Saumyadeb Chakrabarty