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RVNL's JV emerges as L1 for project worth Rs 173.99 crore

22 Feb 2024 Evaluate

Rail Vikas Nigam’s (RVNL) joint venture (JV) -- RVNL-SALASAR JV has been emerged as the Lowest Bidder (L1) from Madhya Pradesh Power Transmission Company for ‘Construction of 132 KV & 220 KV Transmission Lines and associated Feeder Bays on total Turnkey basis in Eastern MP’. The project cost is Rs 173.99 crore (including GST). The said project is expected to be completed in 18 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.


Rail Vikas Nigam Share Price

303.10 9.45 (3.22%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4094.95
Rail Vikas Nigam 303.10
NCC 161.30
KEC International 580.10
Kalpataru Projects 1232.90
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