+
RVNL Wins Rs 5.54 Bn Highway Project in Andhra Pradesh
ROADS & HIGHWAYS

RVNL Wins Rs 5.54 Bn Highway Project in Andhra Pradesh

Rail Vikas Nigam (RVNL) has secured a Letter of Acceptance from the National Highway Authority of India (NHAI) for a significant infrastructure project in Andhra Pradesh. The project, valued at Rs 5.54 billion, involves the construction of a six-lane access-controlled road connecting Visakhapatnam Port from the Sabbavaram bypass to the Sheelanagar junction. The 12.66-kilometre stretch will be developed under the Hybrid Annuity Mode (HAM) as part of National Highway (NH) 516C.

As per the contract terms, the project is expected to be completed within 730 days. The initiative aims to enhance connectivity to Visakhapatnam Port, improving traffic flow and logistical efficiency in the region. The contract falls under RVNL’s regular business operations and does not involve any related party transactions.

Following the announcement, RVNL’s stock saw an increase, trading at Rs 372.25 on the NSE, reflecting a rise of Rs 14.35 or 4.01 per cent at 10:15 AM. The project is part of the government's broader efforts to strengthen transportation infrastructure and facilitate economic growth in Andhra Pradesh.

News source: The Hindu Businessline

Rail Vikas Nigam (RVNL) has secured a Letter of Acceptance from the National Highway Authority of India (NHAI) for a significant infrastructure project in Andhra Pradesh. The project, valued at Rs 5.54 billion, involves the construction of a six-lane access-controlled road connecting Visakhapatnam Port from the Sabbavaram bypass to the Sheelanagar junction. The 12.66-kilometre stretch will be developed under the Hybrid Annuity Mode (HAM) as part of National Highway (NH) 516C. As per the contract terms, the project is expected to be completed within 730 days. The initiative aims to enhance connectivity to Visakhapatnam Port, improving traffic flow and logistical efficiency in the region. The contract falls under RVNL’s regular business operations and does not involve any related party transactions. Following the announcement, RVNL’s stock saw an increase, trading at Rs 372.25 on the NSE, reflecting a rise of Rs 14.35 or 4.01 per cent at 10:15 AM. The project is part of the government's broader efforts to strengthen transportation infrastructure and facilitate economic growth in Andhra Pradesh. News source: The Hindu Businessline

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code