What is the contract value of Madrid Metro?
The Madrid Metro is the rapid transit system of Madrid, Spain, opened in 1919, which is renewing its fleet. Railin reported on 7 November 2024 that Metro de Madrid awarded CAF a contract of 498.29 million euros, VAT included, to manufacture and maintain 40 narrow-gauge dual-voltage trains for Line 1, expected to enter service in the first half of 2027.
Contract value
€498.29 million
Approximately $539.34 million
Cost basis: 2024
Montage by me, Snooze123, on the work by (left to right, top to bottom; as stated on the file pages):CC BY 2.0
Cost evidence
Basis of the published figure
Contract value2024