Rail Vikas Nigam bag LoA worth Rs 554.64 crore

Rail Vikas Nigam Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 542649 | NSE: RVNL

21 Mar 2025 Evaluate

Rail Vikas Nigam has received Letter of Acceptance (LoA) 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 order is to be executed within 730 days.

Rail Vikas Nigam functions as an extended arm of the Ministry of Railways.

Peers

Company Name	CMP
Larsen & Toubro	3830.25
Kalpataru Projects	1383.60
NCC	130.70
Rail Vikas Nigam	204.40
KEC International	391.45
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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