MoneyWorks4Me

Rail Vikas Nigam emerges as L1 for construction project worth Rs 391 crore

02 May 2024 Evaluate

Rail Vikas Nigam has emerged as the Lowest Bidder (L1) from Eastern Railway for ‘Construction of Sitarampur bye pass line under Asansol Division of Eastern Railway.’ The project cost is Rs 391 crore. The project is to be executed within 24 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 3879.00
Kalpataru Projects 1391.05
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 396.95
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