Rail Vikas Nigam Limited (RVNL) has received Letter of Acceptance (LoA) from MMRCL for construction of elevated metro stations, track supporting structure and other various works which are mentioned below.
More Details:
Rail Vikas Nigam Limited has received Letter of Acceptance (LOA) in the following projects of Maharashtra Metro Rail Corporation Limited:
- Six Elevated Metro Station viz. Pili Nadi to Lekha Nagar in Reach-2A,
- One Elevated and One At-Grade station viz. Ecopark and Metro City in Reach-IA respectively.
- At-Grade Section Formation earthwork, boundary wall and retaining wall between Ch. 19550 to Ch. 20421.016 & Ch. 20498.516 to Ch. 21296.917,
- Elevated Metro track supporting structure for Eco Park Metro station between Ch. 20421.016 to Ch. 20498.516 and
- Multi-Storied Building at Tulsi School Land (at Sitabuldi) of NMRP Phase-2
The estimated cost of the project is Rs. 256,19,87,814/-
Time period by which the order is to be executed is: 30 months
About RVNL:
- The company began its operation in 2005 with the appointment of a Board of Directors.
- The company was granted Miniratna status in September 2013.
- RVNL has been rated “Excellent” for the 9 successive years by the Department of Public Enterprises.
- RVNL has also been ranked 1st amongst the Railway PSEs for the 4 times out of the last 5 years.
- The turnover of the company for the financial year 2019-20 has increased by 44.44%.
- The authorised share capital of the company is Rs. 3000 cr. with paid up share capital of Rs. 2085 cr.
- The company has been listed after its disinvestment of its stake of 12.16% of the company through IPO.
Source: RVNL- Press Release | Image Credit (representational): Nagpur Metro
