Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) from West Central Railway- Normal course of business of the Company.
RVNL · price
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Rail Vikas Nigam Ltd (RVNL) has emerged as the lowest bidder (L1) for a contract from West Central Railway. The order involves design, modification, supply, erection, testing, and commissioning of 132kV/55kV traction substations and switching posts for the Itarsi-Shridham section of the Jabalpur Division. The work is part of upgradation of the electric traction system from 1x25kV to 2x25kV to support a 3000 MT loading target. The contract value is Rs 244.32 crore (inclusive of taxes), with an execution timeline of 18 months. This is a domestic government order from Indian Railways.
The order adds to RVNL's order book and supports future revenue visibility, though the amount (approx Rs 244 crore) represents a modest portion of the company's total annual revenue. The work is in the normal course of business.