Rail Vikas Nigam Limited (RVNL) has received Letter of Award (LOA) for two (2) Packages 16 and 17 of Madhya Pradesh Poorv Kshetra Vidyut Vitran Co. Ltd. (MPPKVVCL), Jabalpur Company Area.
More Details:
Following are the two (2) Packages 16 and 17 of MPPKVVCL Jabalpur Company area:
Sr. No. | Package | Project Cost in Rs. (with GST) |
1 | Package-16: Supply, Installation, Testing and Commissioning of New 11 KV Lines, LT Line on AB cable, Distribution Transformer Substation and Supporting works such as DPs, TPs, Crossing etc. for separation of 11 KV mix Feeders & Mix DTRs under Revamped Reforms Based and Results-linked Distribution Sector (Package-16) in Chhatarpur circle of MPPKVVCL, Jabalpur Company Area. | 149,63,02,179/- |
2 | Package -17: Supply, Installation, Testing and Commissioning of New 11 KV Lines, LT Line on AB cable, Distribution Transformer Substation and Supporting works such as DPs, TPs, Crossing etc. for separation of 11 KV mix Feeders & Mix DTRs under Revamped Reforms Based and Results-linked Distribution Sector (Package-17) in Seoni & Narsinghpur circle of MPPKVVCL, Jabalpur Company Area. | 181,99,65,651/- |
- Time period by which the order(s)/contract(s) is to be executed is 24 months for each contract.
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
