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MoneyWorks4Me

Rail Vikas Nigam emerges as lowest bidder for project worth Rs 355.43 crore

11 Feb 2025 Evaluate

Rail Vikas Nigam has been emerged as the Lowest Bidder (L1) from South Western Railway for Survey, design, supply, installation, testing and commissioning for KAVACH equipment and other associated works over 790 RKM of Hubballi & Mysuru Divisions of South Western Railway. The project cost is Rs 355.43 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 4118.90
Kalpataru Projects 1370.40
NCC 122.95
Rail Vikas Nigam 192.25
KEC International 333.10
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