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Rail Vikas Nigam's JV gets LoA worth Rs 2248.94 crore

13 May 2023 Evaluate

RVNL-SCC, a joint venture (JV) between Rail Vikas Nigam (RVNL) and SCC Infrastructure, has received Letter of Award (LoA) from Additional Chief Engineer, Water Resources Zone, UHLC, Udaipur for Planning, Design and construction of main Canal and Structures including associated distribution system to provide Irrigation facility to 41903 ha. Area through Piped Irrigation network for Upper High-Level Canal of Mahi Bajaj Sagar Project, Banswara (Raj) on Engineering, Procurement and Construction (EPC) single Responsibility turnkey basis, including 10 years O&M. The cost of project is Rs 2248.94 crore (RVNL Share is 51% and SCC 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 3788.10
Kalpataru Projects 1378.00
NCC 130.30
Rail Vikas Nigam 203.70
KEC International 390.95
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