RVNL emerges L1 bidder for ₹221-crore railway project in Chhattisgarh

Rail Vikas Nigam Limited said on Tuesday, May 12 that it has emerged as the lowest bidder (L1) for an EPC contract worth ₹221.3 crore from South East Central Railway for signalling and telecommunication upgrade works in the Bilaspur division.The project includes replacement of panel interlocking with electronic interlocking systems, installation of indoor and outdoor signalling equipment, OFC huts, construction and electrification of S&T service buildings, and cabling works across multiple stations, including BSPR, KLPG, ABKP, KTMA and CHRM.

The contract is to be executed within 730 days.
Earlier, on April 16, the company had informed that it has emerged as the L1 for a project awarded by East Coast Railway involving the construction of key railway bridges on the Bhadrak-Vizianagaram section.
The total contract value stands at ₹967.9 crore, including 18% GST.ALSO READ | Puravankara arm gets ₹58-crore Westin Hotel construction order in Bengaluru

As per the exchange filings, the project covers the third and fourth line between Nergundi–Barang (22 km) and Khurda Road–Vizianagaram (363 km), spanning a total of 385 km. It includes construction of major bridges over rivers Birupa, Mahanadi, Kathajori and Kuakhai using open web steel girders on an EPC mode basis.

Shares of Rail Vikas Nigam Limited ended 3.55% lower at ₹284.90 on the NSE on Tuesday, May 12.

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