New Launch26 Feb 2026, 02:52 pm
Rail Vikas Nigam Ltd Receives LOA from NMDC for Construction of Residential Towers in Chhattisgarh
AI Summary
Rail Vikas Nigam Ltd has announced the receipt of a Letter of Award (LOA) from National Mineral Development Corporation (NMDC) Limited for the construction of residential towers at Iron Ore Deposit-10/11A at Bacheli, Chhattisgarh. The project cost is Rs. 536.40 Crore (Rubéég Five Hundred Thirty Six Crores Forty Lakhs Only) and is expected to be completed in 34 months. This is a domestic order and does not involve any related party transactions.
Key Highlights
- Rail Vikas Nigam Ltd receives LOA from NMDC Limited
- Construction of Residential Towers at Iron Ore Deposit-10/11A at Bacheli, Chhattisgarh
- Project cost is Rs. 536.40 Crore
- Expected to be completed in 34 months
- Domestic order, not a related party transaction