RVNL emerges lowest bidder for two packages for electrical works from MPPKVVCL Jabalpur Company Area

June 24, 2023 Rail News

Rail Vikas Nigam Limited (RVNL) emerges as lowest bidder for two (2) Packages, 16 and 17 of MPPKVVCL Jabalpur Company Area.

More Details:

  • In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, it is hereby informed that Rail Vikas Nigam Limited (RVNL) has emerged as the Lowest Bidder (L1) for two (2) Packages, 16 and 17 of MPPKVVCL Jabalpur Company Area.

Following are the two (2) Packages, 16 and 17 of MPPKVVCL Jabalpur Company area:

S. No.

Package

Cost in Rs. (excludingTax

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.

INR 126,80,52,693.60/-

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.

INR 154,23,43,772.14/-

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