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MoneyWorks4Me

RVNL's JV emerges as L1 for Kerala Rail Project

19 Dec 2023 Evaluate

Rail Vikas Nigam’s (RVNL) joint venture (JV) KRDCL-RVNL has emerged as the Lowest Bidder (L1) for Varkala Sivagiri Railway Station - Major upgradation/redevelopment of Varkala Sivagiri Railway Station in Kerala. The project cost is Rs 123.36 crore. The said project is expected to be completed in 30 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 4105.00
Kalpataru Projects 1369.80
NCC 125.25
Rail Vikas Nigam 194.25
KEC International 337.05
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