MoneyWorks4Me

Rail Vikas Nigam emerges as lowest bidder for project worth Rs 404.40 crore

31 Dec 2024 Evaluate

Rail Vikas Nigam has emerged as the Lowest Bidder (L1) from East Coast Railway for Koraput-Singapur Road Doubling Project: Execution of 27 Nos of Major Bridges i.e. (22 Nos of Major Bridges & 5 Nos of ROBs) and earth work in formation of approaches, protection works and other connected miscellaneous works between Tikiri and Bhalumaska stations in connection with Koraput-Singapur Road Doubling Project of Waltair Divison, East Coast Railway.

The project cost is Rs 404.40 crore (Incl. GST). The said order is to be executed within 30 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 3801.00
Kalpataru Projects 1379.85
NCC 130.75
Rail Vikas Nigam 204.40
KEC International 391.40
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