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Rail Vikas Nigam emerges as lowest bidder for contract of South Central Railway

18 Oct 2025 Evaluate

Rail Vikas Nigam has emerged as the Lowest Bidder (L1) in reverse auction from South Central Railway. The auction was for the contract of design, supply, erection, testing and commissioning for OHE up gradation of existing 1X25kV system to 2X25kV AT feeding system with feeder and earthing works in Ramgundam (RDM) - Kazipet (KZJ) section of Secunderabad Division under South Central Railway, Total 92 RKM/ 276 TKM. The contract is valued at around Rs 144.44 crore (including applicable taxes). The contract is to be executed within 18 months.

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

Rail Vikas Nigam Share Price

296.55 -6.55 (-2.16%)
20-Apr-2026 15:16 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4053.00
Rail Vikas Nigam 296.55
NCC 160.70
KEC International 559.95
Kalpataru Projects 1244.85
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