KRDCL-RVNL JV wins lowest bid in Southern Railway
RAILWAYS & METRO RAIL

KRDCL-RVNL JV wins lowest bid in Southern Railway

RVNL, a PSU, has announced through an exchange filing on BSE that the KRDCL-RVNL JV has emerged as the Lowest Bidder (L1) from Southern Railway for the "Provision of Automatic Signalling on Ernakulam JN(ERS) - Vallattol Nagar (VTK) Section on B-Route of Thiruvananthapuram Division in Southern Railway."

According to the filing, the order pertains to the Provision of Automatic Signalling on the Ernakulam contract, Vallattol Nagar (VTK) Section on B-Route of Thiruvananthapuram Division in Southern Railway.

It has been specified that the time required for execution is 750 days, and the estimated contract value stands at Rs. 1.56 billion. The share ratio of the JV company comprises RVNL with 49% and KRDCL with 51%.

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

RVNL, a PSU, has announced through an exchange filing on BSE that the KRDCL-RVNL JV has emerged as the Lowest Bidder (L1) from Southern Railway for the Provision of Automatic Signalling on Ernakulam JN(ERS) - Vallattol Nagar (VTK) Section on B-Route of Thiruvananthapuram Division in Southern Railway. According to the filing, the order pertains to the Provision of Automatic Signalling on the Ernakulam contract, Vallattol Nagar (VTK) Section on B-Route of Thiruvananthapuram Division in Southern Railway. It has been specified that the time required for execution is 750 days, and the estimated contract value stands at Rs. 1.56 billion. The share ratio of the JV company comprises RVNL with 49% and KRDCL with 51%.

Next Story
Real Estate

Singapore's CapitaLand Plans Major India Expansion

CapitaLand Investment Limited (CLI), one of Singapore's largest real estate investment managers, has announced plans to significantly expand its investments in India. The company aims to more than double its India portfolio by 2028, signaling its confidence in the country?s burgeoning real estate market. Current Portfolio and Growth Target: CLI currently manages assets worth USD 3.3 billion in India. With its sights set on future growth, the company is targeting a dramatic increase in its India investment kitty to over USD 7 billion by 2028. This move comes as part of a broader strategy to ca..

Next Story
Infrastructure Transport

Air India MRO Facility Key Hub

Air India has launched a state-of-the-art Maintenance, Repair, and Overhaul (MRO) facility at Bengaluru Airport City, establishing a crucial hub for aircraft servicing in India?s burgeoning aviation sector. This new MRO facility aims to enhance Air India?s operational capabilities, improve turnaround times for aircraft maintenance, and reduce reliance on overseas servicing. Strategic Importance of Bengaluru: The facility, located at the Kempegowda International Airport (KIA) in Bengaluru, is strategically positioned to serve as a critical aviation hub. Bengaluru is a key center for both domest..

Next Story
Infrastructure Transport

BMC Notifies Properties for Water Tunnel

The Brihanmumbai Municipal Corporation (BMC) has initiated a crucial step in Mumbai's infrastructure development by notifying several properties for its ambitious underground water tunnel project. This project aims to bolster the city's water supply system, ensuring a more reliable and efficient distribution network. Project Overview: The underground water tunnel project is designed to address Mumbai's increasing demand for water by creating a robust network of tunnels deep below the surface. This tunnel system will transport water from reservoirs directly to various parts of the city, signif..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000