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Hot Pursuit News

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(10 Jul 2024, 10:58)

RVNL spurts on bagging multiple orders of Rs 390 cr

Rail Vikas Nigam (RVNL) surged 6.56% to Rs 578.80 after the company announced that it has secured multiple orders worth Rs 390.21 crore.


The civil construction construction company said that it has received a letter of acceptance from Maharashtra Metro Rail Corporation (Nagpur Metro) for construction of 6 elevated metro stations (Cantonment, Kamptee Police Station, Kamptee Municipal Council, Dragon Palace, Golf Club and Kanhan River Metro Station). The cost of the project is Rs 187.34 crore and is expected to be completed in 30 months.

Subsequently, the company has emerged as the lowest bidder (L1) from South Eastern Railway for design, supply, erection, testing & commissioning of 132 KV traction substation, sectioning post (SPs), and sub sectioning post (SSPs) in 2x25KV System on Kharagpur - Bhadrak section of Kharagpur division of South Eastern Railway to meet 3000MT. The project, costing Rs 202.87 crore, is slated...

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