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RVNL secures order worth Rs 543 crore from Madhya Pradesh Metro Rail

Manufacturing  -  Mar 11,2024  - 

Rail Vikas Nigam Limited (RVNL), a major railway construction company, said that it secured an order from the Madhya Pradesh Metro Rail Corporation to design and build an elevated viaduct, five elevated metro stations, and a ramp between chainages.

According to the company's exchange statement, the order is projected to be implemented in about three years, with a total cost of Rs 543 Crore.

This is the company's second order in short succession. RVNL won a Letter of Award (LoA) from the Himachal Pradesh State Electricity Board (HPSEBL) to construct distribution infrastructure in Himachal Pradesh's south zone.

The project has a total cost of Rs 888.56 Crore and is expected to be finished within 24 months.

In a recent investor call, the business stated that it had an order book of over Rs 65,000 Crore, which accounts for almost half of the nominated, average railway projects, and half of the market.

 

Company : Rail Vikas Nigam Limited (RVNL)