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Rail Vikas Nigam receives LoA worth Rs 167.28 crore

09 May 2024 Evaluate

Rail Vikas Nigam has received Letter of Acceptance (LoA) from SER HQ-Electrical/South Eastern Railway for Design, Supply, Erection, Testing and Commissioning for upgradation of Electric traction system from 1 x 25 KV to 2 x 25 KV traction system for Rajkharsawan -Nayagarh-Bolani section of Chakradharpur division of South Eastern Railway to meet 3000 MT loading target. Cost of work is Rs 167.28 crore including applicable taxes. The said contract 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 3879.00
Kalpataru Projects 1391.05
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 396.95
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