Railway Stock RVNL bags contract from South Central Railway

The time needed to complete the tenure is 30 months. The project cost is Rs 625 crores. Shares of RVNL are trading in the red zone, lo by 0.94%.

Railway Stock RVNL bags contract from South Central Railway
Railway Stock RVNL bags contract from South Central Railway

Multi bagger stock Rail Vikas Nigam Limited has received Letter of Acceptance from South Central Railway for “Engineering, Procurement and Construction (EPC) contract Agreement for Doubling of Track between Parbhani to Parli stations (58.06Kms) (excluding Gangakhed yard from km 292.075 to km 298.85 = 6.775 Km) including Electrification & Signaling works in connection with Parbhani -Parli doubling project of South Central Railway in the state of Maharashtra.”

The time needed to complete the tenure is 30 months. The project cost is Rs 625 crores. Shares of RVNL are trading in the red zone, lo by 0.94%.

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