RVNL emerges as lowest bidder for Rs 242.5 crore project from South Central Railway 
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RVNL emerges as lowest bidder for Rs 242.5 crore project from South Central Railway

RVNL has emerged as the Lowest Bidder (L1) for a major overhead electrification (OHE) upgradation project awarded by South Central Railway

PSU Watch Bureau

New Delhi: Rail Vikas Nigam Limited (RVNL), a PSU under the Ministry of Railways, has emerged as the Lowest Bidder (L1) for a major overhead electrification (OHE) upgradation project awarded by South Central Railway. This information has been shared by the RVNL in a regulatory filing on Tuesday.

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According to the company, the project involves design, supply, erection, testing and commissioning for the upgradation of the existing 1×25 kV traction system to a 2×25 kV AT feeding system, including feeder and earthing works, on the Ongole–Gudur section of the Vijayawada Division. The total project length covers 154 route kilometres (RKM) and 462 track kilometres (TKM).

The estimated cost of the work is Rs 242.49 crore, inclusive of applicable taxes, and the project is to be executed within a period of 24 months. The contract has been awarded by a domestic entity and falls within the normal course of business of RVNL.

The company clarified that the order does not involve any promoter or group company interest and does not qualify as a related party transaction.

RVNL, a key infrastructure arm of Indian Railways, continues to strengthen its order book through electrification and capacity enhancement projects aimed at improving efficiency, reliability and sustainability of the national rail network.

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