Rail Vikas Nigam has received LoA worth Rs 39.21 crore including GST at 18% from NMDC. The LoA is for construction of residential campus for Senior & Board Level Executives at Banjara Hills, Hyderabad (Phase -II). The order is to be executed within 15 months.
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.
