Rail Vikas Nigam Limited (RVNL) has received a Letter of Acceptance (LOA) from East Coast Railway for a project valued at approximately ₹161.02 crore. The contract involves providing an advanced signaling system (MSDAC) to enhance reliability in a specific ABS section and includes alterations to existing electronic interlocking systems at multiple stations. This project is set to be completed within 18 months and is a routine business development for RVNL.
Significant Contract Awarded
Rail Vikas Nigam Limited (RVNL) has announced the receipt of a Letter of Acceptance (LOA) from the East Coast Railway. This marks a significant addition to the company’s project portfolio, valued at ₹161,02,45,230.24/- (Rupees One Hundred and Sixty-One Crore Two Lakh Fourty-Five Thousand Two Hundred and Thirty Rupees and Twenty-Four Paise Only).
Project Details and Scope
The awarded contract is for the “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”. This also includes alterations to existing electronic interlocking (Els) systems across various stations, incorporating equipment from multiple reputable manufacturers like M/s HITACHI Rail STS India Pvt. LTD., MEDHA Servo Drives, M/s Siemens Rail Automation (P) Ltd., and KYOSAN. The project is designated as a Domestic Entity award.
Timeline and Business Context
The execution period for this substantial project is stipulated to be 18 Months from the date of award. RVNL has confirmed that this undertaking falls within the normal course of business for the company, indicating a consistent pipeline of railway infrastructure development projects. The company maintains its commitment to enhancing railway networks across the country.
Source: BSE