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Rail Vikas Nigam emerges as lowest bidder for project worth Rs 642.56 crore

30 Nov 2024 Evaluate

Rail Vikas Nigam has emerged as the Lowest Bidder (L1) from PSPCL for ‘Development of distribution Infrastructure work for Package-3 Central Zone for execution of HT/LT Infrastructure loss reduction works under reforms-based and results-linked, revamped distribution sector scheme (RDSS) in the state of Punjab.’ The project cost is Rs 642.56 crore. The order 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 3792.10
Kalpataru Projects 1378.00
NCC 130.30
Rail Vikas Nigam 203.80
KEC International 391.95
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