Last Updated: March 26, 2024, 13:18 IST
RVNL signed an MoU with Airports Authority of India and the estimated value of the challenge is Rs 229.43 crore
On March 20, the corporate bagged a Rs 339-crore contract from Maharashtra Metro Rail Corporation Limited.
Rail Vikas Nigam (RVNL) shares gained 7 per cent within the early commerce to Rs 267.8 in Tuesday’s intraday commerce on BSE after the agency signed an MoU with the Airports Authority of India (AAI).
“RVNL has signed MoU with Airports Authority of India (AAI) for construction of subway/underpass to connect the operational area to the Airport Authority of India residential colony in Kolkata,” the corporate stated in an alternate submitting.
On March 20, the corporate bagged a Rs 339-crore contract from Maharashtra Metro Rail Corporation Limited.
“The company has received the Letter of Acceptance (LOA) from Maharashtra Metro Rail Corporation Limited for design and construction of elevated viaduct between PCMC and NIGDI (Bhakti Shakti) on the North-South Corridor of Pune Metro Rail Project- Reach l -Extension,” the corporate stated in alternate submitting.
Earlier in March, RVNL gained two initiatives price Rs 386 crore from Central Railway and Maharashtra Metro Rail Corporation Limited.
The firm has just lately obtained a letter of award (LoA) from the Himachal Pradesh State Electricity Board for the event of distribution infrastructure in each north and south zones of the state.
The whole value of the challenge for the north zone is Rs 409.65 crore and it’s anticipated to be accomplished inside 24 months. The south zone challenge has a complete value of Rs. 888.56 crore and in addition needs to be accomplished in 24 months.
