RVNL bags Rs 95.27 crore contract from NMDC for track refurbishment works 
News Updates

RVNL bags Rs 95.27 crore contract from NMDC for track refurbishment works

RVNL has received an LoA from NMDC for refurbishment and maintenance of railway tracks at its mining facilities in Chhattisgarh

PSU Watch Bureau

New Delhi: Rail Vikas Nigam Limited (RVNL) has received a Letter of Acceptance (LoA) from National Mineral Development Corporation (NMDC) for refurbishment and maintenance of railway tracks at its mining facilities in Chhattisgarh.

Follow The PSUWatch Channel on WhatsApp

According to a regulatory filing to stock exchanges, RVNL has been awarded the contract for “Refurbishment of Permanent Way of NMDC Sidings and Mobile Equipment Tracks including maintenance at Kirandul and Bacheli in Chhattisgarh.”

The project is valued at Rs 95.27 crore, including GST, and will be executed over a period of 36 months, the company said.

Follow PSU Watch on LinkedIN

Also read:RVNL appoints Baldev Singh as Executive Director (Civil) on its board

According to RVNL, the refurbishment work is expected to improve the condition and operational reliability of railway sidings and equipment tracks used for mineral transportation at NMDC’s mining operations in Kirandul and Bacheli, which are key iron ore mining regions in Chhattisgarh.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Also Read

Coal ministry releases AAROH mine-closure report, signs EUR 10-million mine closure cooperation pact with GIZ

NTPC Green consolidated Q1 net profit rises 38% to Rs 305 crore; standalone profit dips

Senior IAS officer Anurag Jain appointed NITI Aayog CEO

Dr Komal Kapoor takes charge as CMD of ECIL

PESB recommends Daya Nand Katyayan for TCIL's Director (Projects) post