Rail Vikas Nigam has received Letter of Award (LoA) worth Rs 55 lakh (excluding taxes) from Ministry of External Affairs. The LoA is for preparation of detailed project report (DPR) for setting up of ‘Professional and Technical Education Centre’ (PTEC) in Seychelles. The order is to be executed within 6 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.