RVNL secures Rs 115.79 crore order from Central Railway for traction system upgrade

RVNL on Thursday said that it has received a LoA valued at Rs 115.79 crore from Central Railway for a significant electrification upgrade project
RVNL secures LOA from Central Railway for traction system upgradation project
RVNL secures LOA from Central Railway for traction system upgradation projectFile photo
Published on

New Delhi: Rail Vikas Nigam Limited (RVNL), a public sector enterprise under the Ministry of Railways, has secured a major contract from Central Railway valued at Rs 115.79 crore for the upgradation of electric traction infrastructure.

PSU Watch is now on Whatsapp Channels. Click here to join

The Letter of Acceptance (LOA) pertains to the “OHE Modification Work for Up-gradation of existing 1x25 KV Electric Traction System to 2x25 KV AT Feeding System in the Itarsi–Amla Section in the Nagpur Division of Central Railway.” The project aims to support a loading target of 3,000 metric tonnes (MT), enhancing the capacity and operational efficiency of this key freight corridor.

RVNL secures LOA from Central Railway for traction system upgradation project
RVNL bags 'Excellence in Project Management Award'

The total cost of the project is Rs 115,79,37,241.11 (Rupees One Hundred Fifteen Crore Seventy-Nine Lakh Thirty-Seven Thousand Two Hundred Forty-One and Eleven Paisa), inclusive of applicable taxes.

In an official stock exchange filing, RVNL stated that the contract has been awarded in the normal course of business.

(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.)

logo
PSU Watch
psuwatch.com