MoneyWorks4Me

Rail Vikas Nigam emerges as lowest bidder for project worth Rs 115.79 crore

25 Mar 2025 Evaluate

Rail Vikas Nigam has emerged as the Lowest Bidder (L1) from Central Railway for ‘OHE modification work for up-gradation of existing 1x25 KV electric traction system to 2x25 KV at feeding system in Itarsi-Amla section in Nagpur division of Central Railway to meet 3000 MT loading target.’ The project cost is Rs 115.79 crore (including applicable taxes). The contract is to be executed in 24 months.

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

Peers
Company Name CMP
Larsen & Toubro 3632.00
Kalpataru Projects 1368.90
NCC 125.55
Rail Vikas Nigam 199.75
KEC International 352.15
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