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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.


Peers
Company Name CMP
Larsen & Toubro 4118.90
Kalpataru Projects 1370.40
NCC 122.95
Rail Vikas Nigam 192.25
KEC International 333.10
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