Published On:April 22 2024
Story Viewed 483 Times
Rail Vikas Nigam Ltd Wins Lowest Bid for Major South Central Railway Project
Rail Vikas Nigam Limited (RVNL) has emerged as the Lowest Bidder (L1) for a major contract from South Central Railway. The project involves the "Engineering, Procurement, and Construction (EPC) tender for the proposed Doubling of Track between Ankai station (Excluding) at KM 16.00 (Ch: 16000) & Karanjgaon stations (Excluding) at Km 69.01 (Ch:69010) (i.e. 53.01 Km), including Electrification and Signaling works in connection with the Aurangabad-Ankai Doubling Project in the Nanded Division of South Central Railway."
The total cost of the project is INR 440,00,06,784.36 (Rupees Four Hundred Forty Crore Six Thousand Seven Hundred Eighty Four and Paisa Thirty Six Only), including GST. The award represents a significant win for RVNL and is expected to play a key role in improving railway infrastructure in the region. The proposed track doubling will enhance railway operations, reduce congestion, and improve overall efficiency in the Nanded Division, contributing to the smooth flow of passenger and freight traffic.
EQUITYBULLS