Deals5 Jun 2024, 09:02 pm
Rail Vikas Nigam Ltd Receives Order from Eastern Railway for INR 390 Crore Project
AI Summary
Rail Vikas Nigam Ltd (RVNL) has announced the receipt of a Letter of Acceptance from Eastern Railway for the 'Construction of Sitarampur bye pass line under Asansol Division of Eastern Railway.' The project cost is INR 390,97,35,276.55, inclusive of GST. The project is expected to be completed within 24 months from the date of the award.
Key Highlights
- RVNL received a Letter of Acceptance from Eastern Railway for a construction project worth INR 390 Crore.
- The project involves the construction of a bye pass line under Asansol Division of Eastern Railway.
- The project is expected to be completed within 24 months from the date of the award.
- The project cost is INR 390,97,35,276.55, inclusive of GST.
- The announcement was made in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.