New Delhi/Kolkata: BCPL Railway Infrastructure Limited Wednesday received a letter of acceptance (LoA) from Rail Vikas Nigam Limited (RVNL) for an order worth a little above Rs 51 crore. This is the major order received by the company for supply, erection, testing & commissioning of 25KV, 50HZ single-phase traction overhead equipment (OHE) and switching stations between sections Fakiragram – new Bongaigaon (excluding) in Alipurduar division (35RKM/90TKM) in the state of Assam. The total size of the order amounts to Rs 51.6 crore which is expected to be completed within a period of six months from the date of commencement.
Commenting on the development, the company's Chairman Aparesh Nandi said, "We at BCPL Railway Infrastructure Limited are delighted to inform our stakeholders on our recent major order intake from the RVNL. The value of this order is about Rs 516.04 Mn and we will be completing this order in the allocated timeline as the work on it is progressing at full swing. With this major order, we are very sure to end the year on a robust order book."
Railways are the lifeline for Indian passenger and freight movement. Indian Railway boasts of 3rd largest railway network in the World, which is one of the main pillars for driving our economy. The government has laid major thrust in strengthening the railway infrastructure of our country by way of up-gradation, modernizations and new mega greenfield projects like Dedicated Freight Corridors (DFC), Bullet Trains, etc.
With an aim to improve the efficiency of the rail performance and move to save cost and also a step towards greener energy, Railways has taken substantial measures of electrification of the rail network in the country. Railways has substantially increased its electrification program, which has registered an increase of about 16 percent CAGR over the past few years. Indian Railways has aimed for 100 percent Electrification, which would result in savings of around INR 810 billion in fuel costs till FY-2027 to the Railways.
BCPL Railway Infrastructure Limited (Erstwhile Bapi Construction Electrical Engineering Pvt. Ltd) is a BSE listed company, engaged in the field of railway infrastructure development. Its business activities include designing, drawing, supplying, erecting and commissioning of 25KV, 50 Hz single-phase traction overhead equipment. It is one of the niche players catering in the area of Railway electrification with an established track record of about three decades.
The key clients of the company include various zones of the Indian Railways like Eastern Railway, South Eastern Railway, South East Central Railway, Northern Railway, East Coast Railway, North Frontier Railway, East Central Railway, Central Organisation For Railway Electrification (CORE) as well as large Public and Private Sector Undertakings like RITES Ltd., Rail Vikash Nigam Ltd. (RVNL), Essel Mining Industries Ltd., Adhunik Group, Usha Martin Industries Ltd, Jindal Steel and Power Ltd., Rungta Mines, Haldia Energy Limited, Electrosteel and many more.
Disclaimer: This story is a press release and is being published with a little editing by PSU Watch desk. Our editorial team has changed the headline and made some corrections.
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