RVNL shares in focus on winning Rs 178.64 cr project from IRCON International
[hfe_template id='11223']
[ad_1]
Rail Vikas Nigam Ltd (RVNL) shares will likely be in the spotlight on Tuesday, May 20, as the company has emerged as the Lowest Bidder (L1) from IRCON International for a significant contract worth Rs 178.64 crore. The contract involves the supply, installation, testing, and commissioning of signalling, telecommunications, and Electronic Interlocking (EI) systems at 10 new stations, including Surakachhar, Block Cabin, Katghora Road, Bhingra, Putuwa, Matin, Sendurgarh, Putipakhana, Dhangawan, and Bhadi. Additionally, the project encompasses the installation of six new IBS sections in the Bhingra-Putuwa, Putuwa-Matin, Sendurgarh-Putipakhana, Putipakhana-Bhadi, Bhadi Dhangawan, and Dhangawan-Pendra Road block sections. Further, the contract also includes setting up a new Section Control System with headquarters, commissioning new Telephone Exchange systems, and EIMWB installations across designated locations. The project is scheduled for com...