RVNL wins ₹359 crore contract for Bihar rail project
pre-market1 source ↓written by the desknot a recommendation
- EPC contract
- ₹358.97 crore
- on the Kundawa
- 41.04 km
- for completion
- 1,095 days
- works designed
- 25-tonne loading
Rail Vikas Nigam Ltd (RVNL) has secured a ₹358.97 crore EPC contract from East Central Railway for rail doubling works in Bihar. The project spans 41.04 km on the Kundawa Chainpur to Raxaul section and is set for completion in 1,095 days. This contract includes various civil works designed for 25-tonne loading.
The award of this contract may enhance RVNL's project pipeline and revenue outlook, positively impacting market sentiment.
Not investment advice. For informational purposes only.