Deals27 Jun 2024, 07:31 pm
Rail Vikas Nigam Ltd Receives Order from North Central Railway Worth INR 72,73,45,018.74
AI Summary
Rail Vikas Nigam Ltd (RVNL) has announced that it has received a Letter of Acceptance from North Central Railway for the 'Provision of EI based Automatic Signaling with continuous track circuiting and other Associated works along with suitable indoor alterations in Electronic interlocking /RRI/PI stations enroute in Dhaulpur- Gwalior Section of Jhansi division of North Central Railway'. The contract is worth INR 72,73,45,018.74 and is to be executed within 455 days.
Key Highlights
- RVNL received an order from North Central Railway for automatic signaling and associated works.
- The contract is worth approximately INR 72.73 crores.
- The project is expected to be completed within 455 days.
- The order was received in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- The project involves indoor alterations in Electronic interlocking /RRI/PI stations enroute in Dhaulpur- Gwalior Section of Jhansi division of North Central Railway.