Rail Vikas Nigam announced that its consortium with P Singla Constructions has been awarded the Letter of Award (LoA) by National Highways Authority of India (NHAI) on 11 July 2022 for Construction of 4 laning of NH-S from Kaithlighat to Shakral Village in Himachal Pradesh.
The estimated cost of project is Rs 1844.77 crore.
Rail Vikas Nigam Limited is under the ownership of Indian Railways, Ministry of Railways, Government of India involved in building rail infrastructure required by the railways.
It is an offshoot of the implementation of National Rail Vikas Yojana (NRVY) announced from the ramparts of Red Fort by the then Prime Minister, Shree Atal Behari Vajpayee, during the Independence Day speech on 15 August 2002. NRVY was formally launched by the Hon’ble PM on 26 December 2002 to bridge rail infrastructure deficit.
RVNL came into being on 24 January 2003 as a 100% owned PSU of the Ministry of Railway. It became fully functional by March 2005.
