Rail Vikas Nigam emerges L-1 bidder for railway project worth Rs 28.73 crore

Rail Vikas Nigam Limited (RVNL) has emerged as the Lowest Bidder (L1) for the railway project.

At around 10:57 AM, shares of RVNL were trading higher by 0.42% at Rs 165.85 per share on the BSE.

As per the filing, the company emerged as the lowest bidder for TRC: Sukhovi-Pherima: Supply, Installation, Testing & Commissioning of Integrated Tunnel Communication system in the Sukhovi-Pherima new single line section of Lumding Division.

Further, the project cost is Rs 28,73,92,870.84/-, the company said in a statement on Wednesday.