Deals28 Apr 2026, 06:21 pm
RVNL Bags ₹39.21 Cr LOA from NMDC for Residential Campus
AI Summary
Rail Vikas Nigam Ltd (RVNL) has received a Letter of Award (LOA) from NMDC Limited for the construction of a residential campus for senior and board-level executives at Banjara Hills, Hyderabad (Phase -II). The total value of the contract is ₹39,21,00,000 (Rupees Thirty Nine Crores Twenty One Lakhs Only), which includes 18% GST. This domestic project is in the normal course of business for RVNL and is expected to be executed within a period of 15 months.
Key Highlights
- RVNL secured a ₹39.21 crore LOA from NMDC Limited.
- The contract is for constructing a residential campus in Hyderabad.
- Project completion is scheduled within 15 months.
- This domestic order is part of RVNL's core business.