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RVNL Gains 2% After Rs 903 Crore SJVN Order
RVNL is a company that builds railway infrastructure.
It has received a new construction order worth Rs 903.01 crore.
The order came from SJVN Thermal Private Limited.
The work is connected to a large power plant in Buxar, Bihar.
RVNL will build a permanent railway siding and an aerial track connection.
These tracks will connect the plant area with Chausa and Pawani Kamarpur.
The project is expected to take 36 months.
The news also follows RVNL becoming the lowest bidder for another railway project worth Rs 404.88 crore.
Rail Vikas Nigam Limited received a Rs 903.01 crore Letter of Award from SJVN Thermal Private Limited.
The project covers a permanent siding and aerial track connection for the 1,320 MW Buxar Thermal Power Project.
The work will link the plant boundary with Chausa and Pawani Kamarpur in Buxar, Bihar.
The contract includes GST and is scheduled for completion within 36 months.
RVNL also recently emerged as the lowest bidder for a separate Rs 404.88 crore East Coast Railway project.
- Who
- Rail Vikas Nigam Limited received the order from SJVN Thermal Private Limited, a wholly owned subsidiary of SJVN Limited.
- What
- The company will construct a permanent siding and an aerial track connection for the Buxar Thermal Power Project.
- Where
- The project is in Buxar, Bihar, linking the plant boundary with Chausa and Pawani Kamarpur.
- When
- The article does not provide a calendar date; the project is scheduled for execution over 36 months, and the separate East Coast Railway bid was reported last week.
- Why
- The work is intended to provide railway connectivity for the 1,320 MW Buxar Thermal Power Project.
Key facts
- Order value
- Rs 903.01 crore, including GST
- Project duration
- 36 months
- Power project
- 1,320 MW Buxar Thermal Power Project
- Project location
- Buxar, Bihar
- Awarding company
- SJVN Thermal Private Limited
- Recent separate bid
- Rs 404.88 crore East Coast Railway project
- Separate bid duration
- 30 months
Sources
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