Deals14 Jun 2024, 11:23 pm
Rail Vikas Nigam Ltd Emerges as Lowest Bidder from East Coast Railway with Rs. 160 Crore Contract
AI Summary
Rail Vikas Nigam Ltd (RVNL) has emerged as the lowest bidder (L1) for the provision of Automatic Block Signaling system with dual MSDAC and alteration in existing El/PI/RRI stations in the section of Jakhapura-Nergundi, Khurda Road-Bhusundpur & Bhusundpur-Golanthra over Khurda Road Division of East Coast Railway. The contract, worth approximately Rs. 160,08,57,055.35, is expected to be executed within 24 months from the date of award.
Key Highlights
- RVNL emerged as the lowest bidder (L1) for a significant contract from East Coast Railway.
- The contract involves the provision of Automatic Block Signaling system with dual MSDAC and alteration in existing El/PI/RRI stations.
- The project section includes Jakhapura-Nergundi, Khurda Road-Bhusundpur & Bhusundpur-Golanthra over Khurda Road Division of East Coast Railway.
- The contract is worth approximately Rs. 160,08,57,055.35 (Rupees- One Hundred Sixty Crore Eight Lakh Fifty-Seven Thousand Fifty-Five and Thirty-Five Paisa Only).
- The project is expected to be executed within 24 months from the date of award.