Deals24 Apr 2024, 07:07 pm
Government Enterprise Rail Vikas Nigam Ltd: KRDCL-RVNL JV is the Lowest Bidder for Southern Railway's Thiruvananthapuram Central Railway Station Redevelopment Project
AI Summary
Rail Vikas Nigam Ltd has announced that M/s KRDCL-RVNL JV has emerged as the lowest bidder for the 'Redevelopment of Thiruvananthapuram Central Railway Station on Engineering, Procurement and Construction (EPC) mode' tendered by Southern Railway. The project's cost is INR 438.96 crores. KRDCL holds 51% of the JV, and RVNL holds 49%.
Key Highlights
- Rail Vikas Nigam Ltd announces L1 bidder: KRDCL-RVNL JV
- The project is for the redevelopment of Thiruvananthapuram Central Railway Station
- Southern Railway issued the tender on EPC mode
- Project cost: INR 438.96 crores
- KRDCL holds 51% and RVNL holds 49% in the JV