Rail Vikas Nigam Ltd Secures Rs 181 Crore Contract from North Eastern Railway
Filing Summary
Rail Vikas Nigam Limited (RVNL) has been awarded a contract by North Eastern Railway as the Lowest Bidder (L1) for the design, supply, erection, testing, and commissioning of OHE modification and feeder wire work. The project involves a 2×25 kV traction system for capacity upgradation of the UTR-MWP section in the Lucknow division of Northern Railway. The contract is valued at approximately Rs 181 crore and is expected to be completed within 24 months. This project is part of RVNL’s regular business operations.
Rail Vikas Nigam Limited (RVNL) has emerged as the Lowest Bidder (L1) for a contract awarded by North Eastern Railway. The contract involves the design, supply, erection, testing, and commissioning of Overhead Equipment (OHE) modification and feeder wire work. This project pertains to a 2×25 kV traction system aimed at capacity upgradation of the UTR-MWP section, covering 184 RKM/368 TKM, in the Lucknow division of Northern Railway.
The contract is valued at approximately Rs 181 crore, inclusive of applicable taxes. The project is scheduled to be executed over a period of 24 months. The nature of the contract is domestic, and it falls under the general contract conditions set by North Eastern Railway. The tender number associated with this project is CEEPROJECT-WN-UTR-MWP.
There is no involvement of the promoter or promoter group in the entity that awarded the contract. Additionally, the contract does not constitute a related party transaction, and it is conducted at arm’s length.
North Eastern Railway is a zone of Indian Railways responsible for the operation and maintenance of rail infrastructure in the northeastern region of India. It focuses on enhancing rail connectivity and capacity to support regional development and economic growth.
Rail Vikas Nigam Limited is a Government of India enterprise engaged in the development of rail infrastructure. The company specializes in project management services for the construction of railway lines, bridges, and other related infrastructure. RVNL aims to enhance the rail network’s capacity and efficiency through strategic projects and collaborations.