RVNL shares gain 2.5% on winning Rs 339-crore Maharashtra Metro Rail contractRail Vikas Nigam Limited (RVNL) saw a 2.5% rise in share price on March 21 after securing a Rs 339.23 crore contract from Maharashtra Metro Rail Corporation Limited for the design and construction of an elevated viaduct in Pune. This contract is expected to be completed in 130 weeks. RVNL has...
more... recently been awarded several other projects, including two worth Rs 386 crore from Central Railway and Maharashtra Metro Rail Corporation Limited. The company also secured a contract from Himachal Pradesh State Electricity Board for developing distribution infrastructure in both the North and South zones of the state, with projects worth Rs 409.65 crore and Rs 888.56 crore respectively, both expected to be completed in 24 months. Additionally, RVNL received an order for supplying, installing, and commissioning 11 KV line KV-associated works in various districts of MPPKVVCL, Jabalpur Company area, worth Rs 251 crore, also with a 24-month completion timeline. Furthermore, in a joint venture with URC, RVNL secured a Rs 543 crore contract from Madhya Pradesh Metro Rail Corporation Limited for a project with a 1092-day completion timeline, with RVNL holding a 51% share in the venture.
Rail Vikas Nigam Limited (RVNL) ka share price 21 March ko 2.5% badha, kyunki unko Maharashtra Metro Rail Corporation Limited se Rs 339.23 crore ka contract mila hai Pune mein elevated viaduct design aur construct karne ke liye. Ye contract 130 weeks mein complete hone wala hai. RVNL ko aise kuch...
more... aur projects bhi recently mile hai, jaise Central Railway aur Maharashtra Metro Rail Corporation Limited se Rs 386 crore ke do projects. Company ne Himachal Pradesh State Electricity Board se bhi contract liya hai, state ke North aur South zones mein distribution infrastructure develop karne ke liye, jiske projects Rs 409.65 crore aur Rs 888.56 crore ke hain, dono hi 24 months mein complete hone wale hain. Iske alawa, RVNL ko MPPKVVCL, Jabalpur Company area ke alag alag districts mein 11 KV line KV-associated works supply, install aur commission karne ka order bhi mila hai, jo Rs 251 crore ka hai, aur yeh bhi 24 months mein complete hone wala hai. Iske saath hi, URC ke saath joint venture mein, RVNL ne Madhya Pradesh Metro Rail Corporation Limited se Rs 543 crore ka contract liya hai, jiska project 1092 din mein complete hoga, aur RVNL ki is venture mein 51% share hai.
