RVNL-TTIPL Consortium bags NHAI project worth Rs 1,271.99 cr

New Delhi: Miniratna PSU Rail Vikas Nigam Limited (RVNL) said in a regulatory filing on Monday that "TTIPL-RVNL Consortium (Tracks & Towers Infratech Pvt Ltd-Rail Vikas Nigam Limited) emerged as the lowest bidder (L1) for NHAI Project of six-lane Greenfield Varanasi-Ranchi-Kolkata Highway from Sonepurbigha village to junction with NH-22 (Chatra Bypass) near Chatra from184.7 kilometres to 222 kilometres under the Bharatmala Pariyojana in the state of Jharkhand on Hybrid Annuity Mode (Package-8).”

Shareholding details

As per the filing, the cost of the project is Rs 1,271.99 crores. TTIPL will hold 51 percent of the total shares while RVNL will have 49 percent shareholding.

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