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MoneyWorks4Me

RVNL emerges as lowest bidder for project worth Rs 239.09 crore

24 Apr 2024 Evaluate

Rail Vikas Nigam (RVNL) has emerged as the Lowest Bidder (L1) from Southern Railway for ‘Provision of Automatic Block Signaling system in Jolarpettai Junction to Erode Junction of Salem Division in Southern Railway’. The project cost is Rs 239.09 crore. The said order is expected to be completed in 900 days. 

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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