MoneyWorks4Me

Rail Vikas Nigam emerges lowest bidder for project worth Rs 1097.68 crore

30 Sep 2023 Evaluate

Rail Vikas Nigam has emerged as Lowest Bidder (L1) for Development of Distribution Infrastructure at South Zone of Himachal Pradesh under the Revamped Reforms-based and Results-linked, Distribution Sector Scheme (Loss Reduction Works). The project cost is Rs 1097.68 crore. The order is to be executed within 24 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 3632.00
Kalpataru Projects 1368.90
NCC 125.55
Rail Vikas Nigam 199.75
KEC International 352.15
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