Rail Vikas Nigam Limited (RVNL) has been awarded a contract for Development of Kharicut Canal (Between Naroda Smashan Gruh & Vinzol Vehla) in AMC area Package-2 & 3.
More details:
- Details of the contracts awarded are as under:
| S. No. | Details of Contract | Total Awarded Cost (Amount in Rs.) |
| 1 | Development of Kharicut Canal (Between Naroda Smashan Gruh & Vinzol Vehla) in AMC area Package 2: Kharicut Canal Development Navyug School Canal Crossing to Nidhipark Society (Ch. 2500 – Ch. 5000) | 236,19,70,464.23 |
| 2 | Development of Kharicut Canal (Between Naroda Smashan Gruh & Vinzol Vehla) in AMC area Package 3 : Kharicut Canal Development Nidhipark Society to Odhav Fire Station (Ch. 5000 – Ch. 7600) | 248,00,83,364.78 |
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): MoR
