State-owned Rail Vikas Nigam Limited (RVNL) has announced that it has secured a substantial order worth approximately ₹390 crore from the Indian Railways. The contract involves the construction of the Sitarampur bypass line under the Asansol division, according to an exchange filing by RVNL on Wednesday.
The Public Sector Undertaking (PSU) has received a Letter of Acceptance from the Eastern Railway for this project. The total project cost, including GST, amounts to ₹3,90,97,35,276.55, and the project is expected to be completed within 24 months.
RVNL, operating under the Ministry of Railways, is tasked with the development, financing, and implementation of rail infrastructure projects. This new contract for the Sitarampur bypass line further underscores RVNL’s pivotal role in enhancing the Indian railway network.
This contract is a significant step forward in improving rail connectivity and infrastructure under the Asansol division, aiming to streamline operations and enhance efficiency in the region.
