Rail Vikas Nigam Limited — Important, 05-11-2024: Updates

Rail Vikas Nigam Limited (RVNL) announced that its joint venture, RVNL-RPPL, has emerged as the lowest bidder for a project from the Rail Infrastructure Development Company (Karnataka) Limited (K-RIDE). The project involves the construction of nine stations as part of the Bengaluru Suburban Rail Project, with a total cost of ₹613 crore. The project is to be completed within 24 months, with RVNL holding a 51% share in the joint venture.