MoneyWorks4Me

Rail Vikas Nigam gets LoA worth Rs 110.86 crore

12 Dec 2024 Evaluate

Rail Vikas Nigam has received Letter of Acceptance (LoA) 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 signalling sections of Chennai Division in Southern Railway.’ Broad consideration or size of the order is Rs 110.86 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 3632.00
Kalpataru Projects 1368.90
NCC 125.55
Rail Vikas Nigam 199.75
KEC International 352.15
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