RVNL emerges as lowest bidder for Rs 359 crore East Central Railway doubling project AI Generate Image
News Updates

RVNL emerges as lowest bidder for Rs 359 crore East Central Railway doubling project

RVNL has emerged as the lowest bidder (L1) for an Engineering, Procurement and Construction (EPC) contract awarded by East Central Railway

PSU Watch Bureau

New Delhi: Rail Vikas Nigam Limited (RVNL) has emerged as the lowest bidder (L1) for an Engineering, Procurement and Construction (EPC) contract awarded by East Central Railway for the doubling of a section of the Sitamarhi-Raxaul rail line in Bihar, the company said in a regulatory filing.

Follow The PSUWatch Channel on WhatsApp

The project involves construction of doubling works from Kundawa Chainpur (excluding) to Raxaul (excluding), covering a stretch of 41.04 km in the Samastipur Division of East Central Railway.

The scope includes earthwork, blanketing, construction of minor and major bridges, station and other buildings, platform works, level crossing works, and other miscellaneous infrastructure required for 25-tonne Indian Railway Standard loading.

Follow PSU Watch on LinkedIN

According to the filing, the value of the contract is approximately Rs 358.97 crore, including 18 percent GST, and the project is scheduled to be completed within 1,095 days.

(PSU Watch is India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy. 👉 Click to join our channel now: PSUWatch WhatsApp Channel. Prefer LinkedIn? Follow PSU Watch on LinkedIN. Click to stay connected on Twitter here and stay updated)

RITES revises Bidar-Kalaburagi rail electrification project cost to Rs 154.65 crore

EIL signs over $450-million consultancy contract for Dangote's Kenya refinery

Jayanti Prasad takes additional charge as IBBI Chairperson

Petroleum ministry issues guidelines for Rs 23,731-cr GOBARdhan scheme for CBG

Sensex, Nifty edge higher on firm global cues; IT stocks lag