MoneyWorks4Me

Rail Vikas Nigam emerges as lowest bidder for project worth Rs 111.38 crore

27 Aug 2024 Evaluate

Rail Vikas Nigam has emerged as the Lowest Bidder (L1) from Southern Railway for ‘Provision of MSDAC with existing DCTC at Stations (To serve as Dual detection) and replacing balance AFTCs in MAS- GDR & MSB-TBM automatic block signaling sections of Chennai Division in Southern Railway. Broad consideration or size of the order is Rs 111.38 crore. The order is to be executed within 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 3790.10
Kalpataru Projects 1375.75
NCC 130.20
Rail Vikas Nigam 203.15
KEC International 391.00
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