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Rail Vikas Nigam gets LoA for appointment as Project Implementation Agency for Maldives Project

28 Dec 2022 Evaluate

Rail Vikas Nigam (RVNL) has received LoA for appointment as Project Implementation Agency for implementation of the UTF Harbor Project in Maldives. This is a strategic project of Government of India. The project cost is Rs 1544.60 crore.

Earlier, RVNL had been awarded contract for Construction of Bhesan Depot cum Workshop which includes DDC, BCC and associated E&M works under Corridor- C2, Bhesan to Saroli, for Surat Metro Rail Project Phase- 1, DC 2 by Gujarat Metro Rail Corporation (GMRC). The total awarded cost of project is Rs 198.93 crore (Excluding taxes, duties and Provisional Sum).

Rail Vikas Nigam is in the business of executing all types of railway projects including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable stayed bridges, institution buildings etc.

Peers
Company Name CMP
Larsen & Toubro 4118.90
Kalpataru Projects 1370.40
NCC 122.95
Rail Vikas Nigam 192.25
KEC International 333.10
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