Rail Vikas Nigam: Lowest Bidder for ₹404.88 Cr East Coast Railway Project

Rail Vikas Nigam Limited (RVNL) has emerged as the Lowest Bidder (L1) for a substantial project from East Coast Railway. The contract, valued at ₹404.88 crore, involves comprehensive railway infrastructure development including earthworks, bridges, buildings, ballast supply, and track linking, along with utility shifting and electrification. This significant order reinforces RVNL’s position in executing large-scale railway projects and contributes positively to its order book.

RVNL Secures Major Railway Project

Rail Vikas Nigam Limited (RVNL) has announced its emergence as the Lowest Bidder (L1) for a significant project awarded by the East Coast Railway. This development marks a key milestone for the company, indicating a substantial addition to its project pipeline and future revenue streams.

Project Scope and Value

The contract, designated as an E-Tender No. EPC-CECONIIBBS2025048, encompasses a wide array of railway infrastructure works. These include the execution of roadbeds, minor and major bridges, RUBs/LHS, building works, supply of ballast, and P. Way linking. Additionally, the project involves allied works such as utility shifting of S&T and electrification, including general service works and power supply arrangements for HT and LT lines. The work is specifically for the 3rd line execution between Khurda Road – Gangadharpur, connecting Nergundi-Barang (22 km) and Khurda Road-Vizianagaram (363 km) on the Bhadrak-Vizianagaram Section (385 km).

The broad consideration for this order is Rs. 404,88,18,738/- (Rupees Four hundred four crore eighty-eight lakh eighteen thousand seven hundred thirty-eight rupees only), inclusive of GST. This substantial value underscores the project’s scale and importance.

Execution and Timeline

The project is expected to be executed within a timeframe of 30 Months from the date of award. RVNL’s successful bid for this comprehensive project signifies its capability in undertaking complex and large-scale railway infrastructure development across various domains.

This award is considered to be in the normal course of business for Rail Vikas Nigam Limited.

Source: BSE

Previous Article

Route Mobile: Appoints MSKA & Associates LLP as New Statutory Auditors

Next Article

TeamLease Services: High Court Hearing on Provident Fund Appeal Adjourned to September 22