Rail Vikas Nigam Bags LOA from NMDC.

Rail Vikas Nigam Limited (RVNL) has been awarded a Letter of Acceptance (LOA) by the National Mineral Development Corporation (NMDC) for the construction of a residential tower in Kirandul, Chhattisgarh.

The project, valued at Rs. 284.52 crores including all taxes, marks a significant development in the region’s residential infrastructure. Details regarding the project timeline and construction specifications are expected to be announced by the companies in the coming weeks.

This contract reinforces RVNL’s growing portfolio in urban infrastructure projects and demonstrates NMDC’s commitment to expanding residential facilities for its workforce in Chhattisgarh.