Deals3 Oct 2025, 01:38 pm
Rail Vikas Nigam Ltd Emerges as Lowest Bidder from Western Railway
AI Summary
Rail Vikas Nigam Limited (RVNL) has emerged as the Lowest Bidder (L1) from Western Railway for a contract worth Rs. 40,41,60,533.80. The contract is for strengthening of S&T maintenance activities by providing round the clock manpower for maintenance, repair and upkeep of signaling and telecom gears installed at various locations of Ahmedabad Division for two years. This is a normal course of business for the company and does not involve any related party transactions.
Key Highlights
- Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) from Western Railway
- Contract worth Rs. 40,41,60,533.80 for strengthening of S&T maintenance activities
- Two-year contract for maintenance, repair and upkeep of signaling and telecom gears
- No related party transactions involved
- A normal course of business for the company