RVNL awarded ₹242.5 crore OHE upgrade project
after close1 source ↓written by the desknot a recommendation
- set
- 24 months
Rail Vikas Nigam Ltd (RVNL) has been declared the lowest bidder for a ₹242.5 crore overhead electrification upgrade project on the Ongole-Gudur section of South Central Railway. The contract, set for 24 months, involves comprehensive work including design, supply, and commissioning of a 2X25kV system.
This project enhances RVNL's portfolio and may boost investor sentiment, reflecting growth in railway infrastructure development.
Not investment advice. For informational purposes only.