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Rail Vikas Nigam gets LoA worth Rs 322.08 crore

04 Sep 2023 Evaluate

Rail Vikas Nigam (RVNL) has received Letter of Acceptance (LoA) from Madhya Gujarat Vij Company (MGVCL) for Full Turnkey Contract (Design, Supply and Installation) for Development of Distribution Infrastructure work for Loss reduction at Dist. Vadodara under Revamped Reforms- Based and Results-linked Distribution Sector Scheme. The project cost is Rs 322.08 crore. The order is to be executed within 31 months.

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 3879.00
Kalpataru Projects 1391.05
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 396.95
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