Deals10 Feb 2025, 11:15 pm
Rail Vikas Nigam Ltd Emerges as Lowest Bidder from South Western Railway with Rs. 355,43 Crore Contract
AI Summary
Rail Vikas Nigam Limited (RVNL) has emerged as the Lowest Bidder (L1) from South Western Railway for a contract worth Rs. 355,43,06,679.42. The project involves survey, design, supply, installation, testing and commissioning for KAVACH equipment and other associated works over 790 RKM of Hubballi & Mysuru Divisions of South Western Railway.
Key Highlights
- RVNL is the Lowest Bidder (L1) for a contract worth Rs. 355,43 Crore from South Western Railway.
- The project involves survey, design, supply, installation, testing and commissioning for KAVACH equipment and other associated works over 790 RKM of Hubballi & Mysuru Divisions of South Western Railway.
- The contract period is 18 months.
- RVNL is a Government of India Enterprise.
- The contract does not fall under related party transactions.