RVNL bags ₹242.5-crore South Central Railway upgrade project

Rail Vikas Nigam Ltd (RVNL) has emerged as the lowest bidder (L1) for upgrading a key overhead electrification (OHE) of South Central Railway, the company announced on Tuesday, January 27.

The project is for the “Design, Supply, Erection, Testing and Commissioning for OHE upgradation of existing 1X25kV system to 2X25kV at Feeding System with Feeder and Earthing works in Ongole (OGL) (Incl) - Gudur (GDR) (Incl) section of Vijayawada Division under South Central Railway, Total 154 RKM/ 462 TKM,” according to an exchange filing.

The company said the order has been awarded by South Central Railway, a domestic entity.

As per the filing, the time period by which the order is to be executed is 24 months. The broad consideration or size of the order is ₹242.50 crore, including applicable taxes.

Earlier, on January 16, RVNL had also announced that it was the lowest bidder (L1) for another contract from South Eastern Railway. The order, valued at ₹87.56 crore excluding GST, is for the supply, installation and commissioning of an IP-based video surveillance system (VSS) in LHB coaches.

Shares of RVNL ended marginally higher on Tuesday, January 27, by 0.23% at ₹325.90 on the NSE.

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