RVNL-GPT JV wins ₹1,201 crore bridge project in Varanasi
Rail Vikas Nigam Ltd and GPT joint venture won a ₹1,201 crore project for a rail-cum-road bridge in Varanasi, enhancing regional connectivity. The project includes eight spans and will accommodate both railway and road traffic, potentially boosting local economic activity.
pre-market1 source ↓written by the desknot a recommendation
- rail-cum-road bridge project
- ₹1,201 crore
Rail Vikas Nigam Ltd and GPT joint venture has emerged as the lowest bidder for a ₹1,201 crore rail-cum-road bridge project in Varanasi, awarded by Northern Railway. The project involves constructing a bridge over the Ganga, featuring eight spans of 108.5 metres and accommodating four railway tracks and a six-lane road.
This significant infrastructure development is expected to enhance connectivity in the region, potentially boosting local economic activity and benefiting related sectors. Immediate market implications may arise from increased investor interest in infrastructure stocks.
Not investment advice. For informational purposes only.