RVNL bags Metro Construction Contract from Maharashtra Metro Rail Corporation
The project, valued at Rs 270 crore is expected to be completed within 30 months.
RVNL bags Metro Construction Contract from Maharashtra Metro Rail Corporation
Rail Vikas Nigam Limited (RVNL) has emerged as the lowest bidder for a metro construction project awarded by the Maharashtra Metro Rail Corporation Limited.
The Railway PSU Company has announced on Wednesday that it had been selected as the lowest bidder for a contract from Maharashtra Metro Rail Corporation Limited. The contract includes the construction of seven elevated metro stations in Reach 3A and three in Reach 4A of the Nagpur Metro Rail Phase-2 project.
The project, valued at Rs 270 crore is expected to be completed within 30 months.
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The company also filed its latest shareholding data. FIIs were net buyers of RVNL shares during the July-September quarter. There is an increase from the 3.13% stake or 6.52 crore shares they held at the end of June.
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