RVNL signs MoU with AAI for the underpass development

Rail Vikas Nigam (RVNL) has signed a memorandum of understanding (MoU) with the Airports Authority of India (AAI) for the construction of a subway or underpass in Kolkata, West Bengal. The subway or underpass will connect the operational area to the Airport Authority of India's residential colony in Kolkata. The estimated cost of the project is Rs 229.43 crore.

The Indian Railways PSU has emerged as the top gainer on the Nifty Midcap 100 index in recent times. The Shares of RVNL surged nearly 7.2% to a high of ?267.8 per share on BSE.

 

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Rail Vikas Nigam Limited (RVNL) is an Indian central public sector enterprise that works as the construction arm of the Ministry of Railways for project implementation and transportation infrastructure development.

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