RVNL secures projects as lowest bidder for Maharashtra metro expansion
RAILWAYS & METRO RAIL

RVNL secures projects as lowest bidder for Maharashtra metro expansion

Rail Vikas Nigam (RVNL), a government-owned entity, announced on August 30 that it has secured the position of the lowest bidder (L1) for a range of significant projects falling within the purview of the Maharashtra Metro Rail Corporation (Maha Metro). The cumulative estimated cost for these transformative ventures is approximately Rs 2.56 billion, as detailed in a filing with the stock exchange.

RVNL has clinched the L1 position for various projects, including:

1. Construction of Six Elevated Metro Stations: RVNL will oversee the construction of six elevated metro stations spanning from Pili Nadi to Lekha Nagar in Reach-2A.

2. Ecopark and Metro City Stations: RVNL will be responsible for building one elevated station, Ecopark, along with an at-grade station known as Metro City.

3. At-Grade Section Formation: RVNL is tasked with carrying out activities such as earthwork, construction of boundary walls, and retaining walls for at-grade sections.

4. Elevated Metro Track Supporting Structure: RVNL will utilise its expertise to design and construct the supporting structures for the elevated metro tracks.

5. Construction of Multi-Storied Building: As a component of Maha Metro's Phase-2 expansion, RVNL will undertake the construction of a multi-storied building on Tulsi School land situated in Sitabuldi.

On the Bombay Stock Exchange (BSE), Rail Vikas Nigam Ltd's shares concluded the day at Rs 128.55, reflecting an increase of Rs 0.90 or 0.71 per cent.

Rail Vikas Nigam (RVNL), a government-owned entity, announced on August 30 that it has secured the position of the lowest bidder (L1) for a range of significant projects falling within the purview of the Maharashtra Metro Rail Corporation (Maha Metro). The cumulative estimated cost for these transformative ventures is approximately Rs 2.56 billion, as detailed in a filing with the stock exchange.RVNL has clinched the L1 position for various projects, including:1. Construction of Six Elevated Metro Stations: RVNL will oversee the construction of six elevated metro stations spanning from Pili Nadi to Lekha Nagar in Reach-2A.2. Ecopark and Metro City Stations: RVNL will be responsible for building one elevated station, Ecopark, along with an at-grade station known as Metro City.3. At-Grade Section Formation: RVNL is tasked with carrying out activities such as earthwork, construction of boundary walls, and retaining walls for at-grade sections.4. Elevated Metro Track Supporting Structure: RVNL will utilise its expertise to design and construct the supporting structures for the elevated metro tracks.5. Construction of Multi-Storied Building: As a component of Maha Metro's Phase-2 expansion, RVNL will undertake the construction of a multi-storied building on Tulsi School land situated in Sitabuldi.On the Bombay Stock Exchange (BSE), Rail Vikas Nigam Ltd's shares concluded the day at Rs 128.55, reflecting an increase of Rs 0.90 or 0.71 per cent.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Sabarmati Riverfront Two Plots Up for Auction at Rs2.24 bn Base Price

Two commercial plots on the western bank of the Sabarmati Riverfront will be auctioned with a base price of Rs 112 crore each, equivalent to Rs 1.12 bn apiece and Rs 2.24 billion in total. The parcels are located adjacent to the Metro Rail Bridge in Ahmedabad and form the first commercial offering after a prolonged pause. The Riverfront Development Corporation has framed the sale as part of a phased commercial release to revive development along the riverfront. The combined base valuation has been set by the corporation to reflect market rates along the riverfront. The corporation has fixed a ..

Next Story
Infrastructure Urban

Andhra Pradesh to Connect Over One Million Streetlights

Andhra Pradesh will undertake a statewide smart streetlighting programme across all 123 Urban Local Bodies (ULBs), bringing around 1.05 million (mn) streetlights under an AI enabled monitoring and management system. The programme will be implemented by Energy Efficiency Services Limited (EESL) with the Commissioner and Director of Municipal Administration under the state Municipal Administration and Urban Development Department. The project aims to convert conventional streetlighting into a digitally managed municipal service monitored and maintained remotely. The initial phase will cover abou..

Next Story
Infrastructure Urban

AMC To Procure Four Machines For Guard Rail Cleaning

Ahmedabad Municipal Corporation will introduce four specialised machines for cleaning guard railings along major roads and the central verges of BRTS and Metro corridors. The civic body plans to replace manual labour with mechanised cleaning to improve maintenance of road infrastructure and greenery. The purchase is estimated at Rs 82.8 million (mn), excluding GST. The proposal sets the base price of each machine at about Rs 20.7 million (mn) so four units total Rs 82.8 million (mn) before GST. 18 per cent GST will be applicable separately. During the warranty period each machine will operate ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement