Rail Vikas Nigam Bags Big Contract! Secures Rs. 495.14 Crore from NTPC

Rail Vikas Nigam Limited (RVNL) has secured a major contract from the National Thermal Power Corporation (NTPC) to act as the "Project Execution Agency" for the remaining civil and HM works of the Barrage Complex, including a segment of the Head Race Tunnel (HRT) package for the Rammam Hydro Electric Project Stage-III (3x40 MW). The contract is valued at Rs. 495,14,16,130.68, excluding Goods and Services Tax (GST) at 18%.

This project marks a significant achievement for RVNL, showcasing its ongoing involvement in critical infrastructure development across India. The Rammam Hydro Electric Project Stage-III, with a planned capacity of 3x40 MW, is a crucial element of India's renewable energy portfolio, reflecting the country's commitment to sustainable energy sources.

The Letter of Award from NTPC highlights the confidence in RVNL's ability to handle complex infrastructure projects. RVNL's proficiency in project execution, coupled with its dedication to quality and efficiency, has made it a preferred partner. This collaboration between RVNL and NTPC emphasizes the importance of public-private partnerships in enhancing India's energy infrastructure and promoting sustainable development initiatives.

News by Rahul Yelligetti