MoneyWorks4Me

Rail Vikas Nigam emerges as lowest bidder for provision of automatic block signalling on Madar-Sakhun Section

08 Feb 2023 Evaluate

Rail Vikas Nigam has emerged as the lowest bidder (L1) for provision of automatic block signalling on Madar-Sakhun Section (51.13 Kms) of Jaipur Division over North Western Railway. The project cost is Rs 69.48 crore.  Letter of Award (LoA) is still awaited.

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 3814.00
Kalpataru Projects 1387.90
NCC 130.80
Rail Vikas Nigam 205.45
KEC International 391.70
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