Deals15 May 2025, 07:21 pm
Rail Vikas Nigam Ltd Receives LOA from Central Railway for OHE Modification Work
AI Summary
Rail Vikas Nigam Limited has received a Letter of Acceptance (LOA) from Central Railway for the OHE Modification Work for Up-gradation of existing 1x25 KV Electric Traction System to 2x25 KV at Feeding System in Itarsi - Amla Section in Nagpur Division of Central Railway. The cost of the work is Rs 115,79,37,241.11 including applicable taxes. The work is expected to be completed in 24 months.
Key Highlights
- Rail Vikas Nigam Ltd has received an LOA from Central Railway for OHE Modification Work.
- The cost of the work is Rs 115,79,37,241.11 including applicable taxes.
- The work is expected to be completed in 24 months.
- The work is in the normal course of business of the Company.
- The LOA is in accordance with SEBI Circular No. SEBI/HO/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.