The deal is a breakthrough for CAF, representing the company's first LRV order in South America.
The group submitted a bid of Reais 1.47 billion. An Alstom-led consortium submitted a second place bid of Reais 1.57bn.
CAF will build the vehicles at its Hortolandia facility in Brazil.
Meanwhile CAF has also publicly announced its interest in bidding to supply trains for the Rio - Sao Paulo high-speed line.
CAF to supply LRVs for Brazilian light rail project
A CONSORTIUM of CR Almeida, Santa Bárbara Construções, CAF Brasil, MagnaEngenharia and Astep Engenharia had been selected as preferred bidder for the contract to build the first light rail line in the Brazilian city of Cuiaba.
Categories: Central/South America, Fleet, Light Rail, News, Rolling stock