Deals21 Mar 2025, 01:20 pm
Rail Vikas Nigam Ltd Secures Contract from National Highway Authority of India Worth Rs. 554 Crore
AI Summary
Rail Vikas Nigam Ltd has received a Letter of Acceptance from the National Highway Authority of India for the construction of a 6-lane Access Controlled connectivity to Visakhapatnam Port Road. The project cost is Rs. 554,64,84,000 (Rupees Five Hundred Fifty Four Crore Sixty Four Lakh Eighty Four Thousand Only) and is to be executed within 730 days. This is a domestic order and does not involve any related party transactions.
Key Highlights
- Rail Vikas Nigam Ltd has been awarded a contract worth Rs. 554 crore from the National Highway Authority of India.
- The project involves the construction of a 6-lane Access Controlled connectivity to Visakhapatnam Port Road.
- The project cost is Rs. 554,64,84,000 (Rupees Five Hundred Fifty Four Crore Sixty Four Lakh Eighty Four Thousand Only).
- The project is to be executed within 730 days.
- This is a domestic order and does not involve any related party transactions.