Rail Vikas Nigam (RVNL) has emerged as the Lowest Bidder (L1) from National Highway Authority of India for Construction of 6 lane access controlled connectivity to Visakhapatnam Port Road from Km 0.000 (Sabbavaram bypass of Anakapalli – Anandapuram corridor) to Km 12.660 (Sheelanagar junction) of NH 516C on Hybrid Annuity Mode in the State of Andhra Pradesh under NH (O) on Hybrid Annuity Mode. The project cost is Rs 554.64 crore (Excluding GST). The contract is to be executed within 730 days.
Rail Vikas Nigam functions as an extended arm of the Ministry of Railways.
