Rail Vikas Nigam Ltd receives LOA for order worth Rs. 1088.49 crores

Rail Vikas Nigam limited has received Letter of Award from Haryana Rail Infrastructure Development Corporation (HRIDC) for Package No. C-4: Composite Contract Package in connection with New BG Railway Line of HORC project for:

i) Design & Construction of Twin Tunnel using NATM and cut & cover method from km 24.850 to km 29.580;
ii) Design & Installation of Ballastless Track (excluding supply of rails) from km 24.843 to km 29.680;
iii) Detailed Design, Supply, Installation, Testing & Commissioning of General Electrical Services including Supply, Erection, Testing and Commissioning of 11 kV HT/LT power and Control Cable Network. GIS Substation (11/0.433) kVA, Tunnel lighting system, etc. from km 24.843 to km 29.680;

iv) Design & Construction of Embankment. Bridges and other miscellaneous works from km 12.00 to km 18.00.

The project cost is Rs. INR 10,884,924,938.08 (Rupees One Thousand Eighty Eight Hundred Crore Forty Nine Lakh Twenty four thousand Nine Hundred Thirty Eight and Eight Paisa Only.

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 126.15 as compared to the previous close of Rs. 134.35. The total number of shares traded during the day was 5295274 in over 45145 trades.

The stock hit an intraday high of Rs. 130.45 and intraday low of 125.05. The net turnover during the day was Rs. 677396941.00.

Source : Equity Bulls

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RailVikasNigam INE415G01027 RVNL OrderWin