MoneyWorks4Me

RVNL- TTIPL Consortium emerges as Lowest Bidder for NHAI Project

20 Mar 2023 Evaluate

RVNL- TTIPL Consortium (Rail Vikas Nigam- Tracks & Towers Infratech) has been emerged as the Lowest Bidder (L1) for NHAI Project of '6-lane Greenfield Varanasi-Ranchi-Kolkata Highway from Sonepurbigha village to junction with NH-22 (Chatra Bypass) near Chatra from km 184.700 to km 222.000 under Bharatmala Pariyojana in the State of Jharkhand on Hybrid Annuity Mode (Package-8).' The cost of project is Rs 1271.99 crore (TTIPL Share is 51% and RVNL Share is 49%).

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 3800.00
Kalpataru Projects 1379.60
NCC 130.95
Rail Vikas Nigam 205.00
KEC International 392.50
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