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Rail Vikas Nigam bag LoA worth Rs 554.64 crore

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 4149.85
Kalpataru Projects 1363.60
NCC 125.50
Rail Vikas Nigam 194.65
KEC International 341.75
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