RVNL Scores ₹554 Crore NHAI Road Project in Andhra Pradesh!

Rail Vikas Nigam Limited (RVNL) has secured a ₹554.64 crore contract from the National Highways Authority of India (NHAI) for a road construction project in Andhra Pradesh.

The project involves developing a 12.66 km six-lane access-controlled road, connecting Visakhapatnam Port from the Sabbavaram Bypass (Anakapalli - Anandapuram Corridor) to Sheelanagar Junction on NH-516C. The road will be constructed under the Hybrid Annuity Mode as part of NH(O).

The contract is expected to be completed within 24 months and falls under RVNL's regular operations, with no related party transactions involved.

News by Rahul Yelligetti.