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Rail Vikas Nigam’s JV emerges as L1 for Uttar Pradesh project

29 Jan 2026 Evaluate

Rail Vikas Nigam’s (RVNL) joint venture (JV) -- M/s RVNL-GPT JV has emerged as the Lowest Bidder (L1) from Northern Railway for Design and Construction of New Rail Cum Road Bridge No. 11 over river Ganga, 50 Meters downstream of the existing old Malviya Bridge near Kashi Railway Station, including sub structure and super structure of the Bridge (8 X 108.5 m + 2 X 103.3 m Open Web Steel Girder) for four line tracks on lower deck and six lane Road on upper deck, including Railway and Road approaches as per GAD along with associated OHE Works and General Electric works in Lucknow Division of Northern Railway at Varanasi, Uttar Pradesh, India.

The total cost of the project is Rs 1201.35 crore, inclusive of all taxes. Rail Vikas Nigam holds a 60% share in the joint venture, while GPT Infraprojects holds 40% share.

Rail Vikas Nigam (RVNL) 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

272.00 -3.10 (-1.13%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3953.90
Rail Vikas Nigam 272.00
NCC 151.85
KEC International 563.95
Kalpataru Projects 1171.40
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