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RVNL's JV emerges as Lowest Bidder from Southern Railway

08 Jun 2024 Evaluate

Rail Vikas Nigam’s (RVNL) joint venture (JV) -- KRDCL-RVNL JV has emerged as the Lowest Bidder (L1) from Southern Railway for ‘Provision of Automatic Signalling on Ernakulam JN(ERS) - Vallattol Nagar (VTK) Section on B-Route of Thiruvananthapuram Division in Southern Railway.’ Broad consideration or size of the order is Rs 156.47 crore. The said order is expected to be completed in 750 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 3879.00
Kalpataru Projects 1391.05
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 396.95
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