RVNL receives Rs 3.90 billion order from Indian Railways
06 Jun 2024 CW Team
The Indian Railways has placed an order for around Rs 3.90 billion with the state-owned Rail Vikas Nigam Limited (RVNL). According to an exchange filing by RVNL, the deal is for the Asansol division to build the Sitarampur bypass line.
It further stated that RVNL has obtained a Letter of Acceptance from the Eastern Railway to build the Sitarampur bypass line under the Eastern Railway's Asansol Division.
"The project cost is Rs 3.9 billion, including GST, and the duration of the project is 24 months," the business stated.
Under the Ministry of Railways, RVNL is in charge of planning, funding, and carrying out rail infrastructure projects.