PSU NEWS
KRDCL-RVNL JV emerges as the Lowest Bidder from Southern Railway
The Time required to be executed is 750 Days and the broad consideration or size of the contract is Rs. 156 crore. The JV company share ratio consists of RVNL-49% and KRDCL -51%.
RVNL, a PSU has informed through exchange filing on BSE that KRDCL-RVNL JV emerges as the Lowest Bidder (L1) from Southern Railway for “Provision of Automatic Signalling on Ernakulam JN(ERS) - Vallattol Nagar (VTK) Section on B-Route of Thiruvananthapuram Division in Southern Railway.”
The provided order is given for the Provision of Automatic Signalling on Ernakulam contract, Vallattol Nagar(VTK) Section on B-Route of Thiruvananthapuram Division in Southern Railway.
Read Also : IndusInd Bank Q1 FY25 results, net profit at 2% YoYThe Time required to be executed is 750 Days and the broad consideration or size of the contract is Rs. 156 crore. The JV company share ratio consists RVNL-49% and KRDCL -51%.
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