New Launch26 Feb 2026, 02:52 pm
Rail Vikas Nigam Ltd Receives LOA from NMDC for Construction Project in Chhattisgarh
AI Summary
Rail Vikas Nigam Ltd (RVNL) has announced that it has received a Letter of Award (LOA) from National Mineral Development Corporation (NMDC) Limited for the 'Construction of Residential Towers and Shopping complex in Bacheli, Chhattisgarh.' The project cost is Rs. 644.84 Crore (Rupees Six Hundred Forty Four Crores Eighty-four Lakhs Only) and is expected to be completed in 34 months.
Key Highlights
- RVNL received a LOA from NMDC Limited for a construction project in Chhattisgarh.
- The project involves the construction of Residential Towers and a Shopping complex in Bacheli.
- The project cost is Rs. 644.84 Crore.
- The project is expected to be completed in 34 months.
- The announcement was made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.