Rail Vikas Nigam (RVNL) has formed a 49:51 joint venture (JV) with Jakson Green (JGPL) viz., JGPL-RVNL EPC. The JV will explore opportunity in Solar Power Projects in India and Abroad. RVNL will hold 49% stake of JV, while JGPL will hold 51%.
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.