13 March 2024 —For the signaling and telecommunication work required to provide autonomous block signaling on the Khapri-Sewagram stretch of the Central Railway’s Nagpur division, the state-run railway firm has emerged as the lowest bidder (L1).
The project has a 47.36 crore rupee value. Additionally, RVNL has been revealed as the Maharashtra Metro Rail Corporation’s lowest bidder for the Pune Metro Rail Project. The project, which is valued at Rs 339.23 crore, entails the business designing and building an elevated viaduct between PCMC and NIGDI (Bhakti Shakti) on the North-South Corridor of the Pune Metro Rail Project-Reach-Extension.
On March 12, during the first trading session, the share price of Rail Vikas Nigam Limited (RVNL) increased by 1%. This came after the business secured two contracts totaling Rs. 386 crore. Rail Vikas Nigam was up Rs 2.35, or 0.96%, on the BSE at 09:24 am. It was trading at Rs 247.65. In the Khapri-Sewagram Section of the Nagpur Division, Central Railway awarded the company the status of Lowest Bidder (L1) for the signaling and telecommunication work necessary to provide Automatic block signaling. The project would be finished in a year at a cost of Rs 47,36,54,438.19.
Conclusion
Additionally, on the North-South Corridor of the Pune Metro Rail Project-Reach l -Extension, the company was the lowest bidder (L1) from Maharashtra Metro Rail Corporation Limited for the design and construction of an elevated viaduct with a length of 4.519 km, from CH: (-) 1079.899m to CH: (-) 5599.298m between PCMC and NIGDI (Bhakti Shakti). The project would be finished in 130 months at a cost of Rs 339,23,39,131.520.
