Siemens- Rail Vikas Nigam (RVNL) Consortium has received Letter of Acceptance (LoA) from Bangalore Metro Rail Corporation for Engineering, Supply, Erection, Testing and Commissioning of 33 KV Distribution, 750V DC Third Rail Traction Electrification including Traction Substations, Auxiliary Substations and SCADA System for Phase-2A & Phase 2 B. The said contract is expected to be completed in 130 Weeks. The cost of work is Rs 394.23 crore plus Euro 41,119,535. Siemens holds a 70% stake in the consortium, while RVNL holds the remaining 30%.
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.
