Rail Vikas Nigam Limited (RVNL) has been declared the lowest bidder (L1) for a significant infrastructure project awarded by the East Coast Railway. The contract involves the provision of Multi-Section Digital Axle Counter (MSDAC) systems across various stations in the KUR division to enhance operational reliability. The project, valued at INR 164.18 crore, is scheduled to be completed within a timeframe of 18 months.
Contract Details and Scope
The contract entails the Provision of MSDAC to improve safety and reliability within the ABS section from MZY to KUR. The work encompasses multiple railway stations within the KUR division, including RJGR, JRZ, SSPR, DNKL, HND, and TLHD. The project also involves complex technical alterations in electronic interlocking systems provided by various technology partners, including Hitachi Rail STS India, MEDHA Servo Drives, Siemens Rail Automation, and Kyosan.
Financial and Project Timeline
The total value of the awarded project stands at INR 164,18,63,783.67. As an 18-month engagement, this work will be executed in the normal course of business for Rail Vikas Nigam Limited. The project has been classified as a domestic order, and the company has confirmed that there are no related party transactions involved, nor do the promoters hold any interest in the awarding entity.
Source: BSE