Rail Vikas Nigam Limited (RVNL) has been awarded a contract for Supply, Installation, Testing and Commissioning of 11 KV line associated works such as 11 KV line Bifurcation, 11 KV line Interconnection, 11 KV line Conductor augmentation, LT AB Cabling augmentation and conversion of LT Bare conductor to AB cabling in Sagar, Damoh, Chhatarpur, Panna, Tikamgarh, Sidhi and Singrauli Circles (Package-12) of MPPKVCL, Jabalpur.
More Details:
Details of the contract awarded are as under:
- Letter of Award received from Madhya Pradesh Poorv Kshetra Vidyut Vitran Co. Ltd. by RVNL for “Supply, Installation, Testing and Commissioning of 11 KV line associated works such as 11 KV line Bifurcation, 11 KV line Interconnection, 11 KV line Conductor augmentation, LT AB Cabling augmentation and conversion of LT Bare conductor to AB cabling in Sagar, Damoh, Chhatarpur, Panna, Tikamgarh, Sidhi and Singrauli Circles (Package-12) of MPPKVCL, Jabalpur under Revamped Reforms-Based and Results- Linked. Distribution Sector Scheme.
- The broad contract amount is Rs. 131,98,59,159/- including GST.
- Time period by which the order is to be executed is 24 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 crore.
- 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
