KRDCL, RVNL JV emerges as the Lowest Bidder for Redevelopment of Thiruvananthapuram Central Railway Station
The Share of each member in JV is, M/s KRDCL: 51% (Lead Member) M/s RVNL: 49% (Other Member).
RVNL through exchange filing has informed that KRDCL- RVNL JV emerges as the Lowest Bidder (L1) from Southern Railway for “Redevelopment of Thiruvananthapuram Central Railway Station on Engineering, Procurement and Construction (EPC) mode.”
The nature of the contract involves the redevelopment of Thiruvananthapuram Central Railway Station on Engineering, Procurement and Construction (EPC) mode".
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Read Also : 1337 railway stations to develop under Amrit Bharat Station Scheme in country: GovtThe Share of each member in JV is, KRDCL: 51% (Lead Member) RVNL: 49% (Other Member).
The cost of the project is estimated at around Rs 438 crore and the time to complete the project is 42 months. The project is awarded by Southern Railway as a Domestic entity.
Read Also : Oil, Gas CPSEs set to exceed IEBR capex for fifth-straight year in FY25The shares of the railway PSU are trading in green at Rs 283.60, up by 2.04%.
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