MoneyWorks4Me

Rail Vikas Nigam gets LoA worth Rs 161.02 crore

20 Aug 2026 Evaluate

Rail Vikas Nigam (RVNL) has received Letter of Acceptance (LoA) worth Rs 161.02 crore from East Coast Railway for ‘Provision of MSDAC to increase reliability in ABS section from MZY to KUR and at RJGR, JRZ, SSPR, DNKL, HND & TLHD stations of KUR division of East Coast Railway with alteration in Els of M/S Hitachi Rail STS India, make at BBS, MEDHA Servo Drives make at HND, BBSN, MCS & TLHD, M/s Siemens Rail Automation (P) WESTRACE MK-II make at RJGR, SSPR, DNKL, MZY, GJTA, CBT, SQQ, NRG & CTC, WESTRACE MK-I make at BRAG & RTN, KYOSAN make at JRZ station’. The order is to be executed within 18 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. 


Peers
Company Name CMP
Larsen & Toubro 3870.00
Kalpataru Projects 1399.00
NCC 134.35
Rail Vikas Nigam 210.85
KEC International 391.50
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