Key Points of Rail Vikas Nigam Road Project:
- RVNL has won the lowest bidder (L1) position for an NHAI project worth Rs 720.67 crore.
- The project involves constructing a six-lane elevated Kona expressway in West Bengal, covering 7.192 kilometres.
- The project will be executed on an engineering, procurement, and construction (EPC) basis.
- The project is expected to be completed in 910 days.
- RVNL expressed its commitment to delivering the project with excellence.
- RVNL’s joint venture with Metrowagonmash and Locomotive Electronic System has been awarded a Letter of Award (LoA) by the Ministry of Railways.
- The JV will manufacture and maintain 200 Vande Bharat Trainsets, with a cost of Rs 120 crores per set, distributed among the JV. The contract will be executed over 82 months.
Details of Rail Vikas Nigam Road Project:
RVNL Bags L1 Bid for NHAI Project to Build Elevated Kona Expressway in West Bengal Worth Rs 720.67 Crore
Rail Vikas Nigam Limited (RVNL), a Category-I MiniRatna CPSE, has won the lowest bidder (L1) position for a National Highway Authority of India (NHAI) project valued at Rs 720.67 crore. The company will be constructing a six-lane elevated Kona expressway in West Bengal, spanning 7.192 kilometres.
The project will be executed on an engineering, procurement, and construction (EPC) basis and is expected to take 910 days to complete. In a regulatory filing with the exchanges, RVNL announced its achievement and expressed its commitment to delivering the project with excellence.
On Thursday, RVNL revealed that its joint venture with Metrowagonmash and Locomotive Electronic System has been granted a Letter of Award (LoA) by the Ministry of Railways.
The JV will manufacture and maintain Vande Bharat Trainsets, including upgrading government manufacturing units and trainset depots. The company will provide a total of 200 Trainsets under the project, with a cost of Rs 120 crores per set, distributed among the JV. The contract will be executed over 82 months.
About Rail Vikas Nigam:
Rail Vikas Nigam was Incorporated in 2003 by the Govt. of India, it is engaged in the business of implementing various types of Rail infrastructure projects assigned by MoR including doubling, gauge conversion, new lines, railway electrification, major bridges, workshops, Production Units and sharing of freight revenue with Railways as per the concession agreement entered into with Ministry of Railway.
For More Latest News Click Here
