Published On:December 20 2023
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"Rail Vikas Nigam Ltd Joint Venture Secures Lowest Bid (L1) for Project in Kerala"
In a significant development, the joint venture between M/s Karnataka Rail Infrastructure Development Company Limited (KRDCL) and Rail Vikas Nigam Ltd (RVNL) has emerged as the Lowest Bidder (L1) for the "Varkala Sivagiri Railway Station - Major Upgradation/Redevelopment" project in Kerala.
The project, aimed at the substantial enhancement and redevelopment of Varkala Sivagiri Railway Station, comes with a total estimated cost of Rs. 123,36,58,386.82. The joint venture's successful bid positions them as the preferred choice for undertaking this crucial infrastructure project, signaling a milestone in the advancement of railway facilities in the region.
This development reflects the expertise and competitive edge of the KRDCL-RVNL joint venture in securing vital railway projects and their commitment to contributing to the improvement of rail infrastructure in the state of Kerala. The successful bid not only underscores their technical capabilities but also highlights their strategic approach to infrastructure development in the region.
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