RVNL wins Rs 165 crore bridge construction order from NE Railway
RVNL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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RVNL has received a Letter of Award from North Eastern Railway for constructing the substructure of a major bridge (14x61.0m) over river Gandak between Paniyahwa and Valmikinagar stations. The work is part of doubling the Gorakhpur Cantt-Valmikinagar rail section. Project cost is Rs 165.04 crore inclusive of GST, to be completed in 24 months. Domestic order with no related party interest.
Adds to RVNL order book; positive for revenue visibility over next 2 years.