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Rail Vikas Nigam's JV gets LoA from National Highway Division in Ahmedabad

23 Mar 2023 Evaluate

M/s Rachana - RVNL, a joint venture (JV) between Rail Vikas Nigam (RVNL) and Rachana Construction Co., Mehsana, has received Letter of Acceptance (LoA) from National Highway Division, Ahmedabad for ‘Up gradation to Six lane with Paved Shoulder of Sarkhej-Changodar Section of NH-8A (New NH-47) from Km. 11/950 to Km. 16/000 for Ahmedabad- Bagodara-Rajkot Road on EPC mode in the State of Gujarat (Package-7). The project cost is Rs 252.21 crore. Rachana Construction Co., Mehsana Share is 60% and RVNL Share is 40%.

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.

Rail Vikas Nigam Share Price

303.10 9.45 (3.22%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4094.95
Rail Vikas Nigam 303.10
NCC 161.30
KEC International 580.10
Kalpataru Projects 1232.90
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