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The order includes construction of 4 tunnels with ballast less track, earthwork in formation, construction of important bridges, major bridges, minor bridges, supply of stone ballast, track linking, side drain retaining wall etc. in Dharakoh Maramjhiri section in connection with third line.
The consideration of the contract is Rs 311.17 crore and is to be executed in 18 months.
Rail Vikas Nigam is in the business of executing all types of railway projects including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable stayed bridges, institution buildings etc.
The company reported 3.42% increase in consolidated net profit to Rs 394.26 crore in Q2 FY24 as compared with Rs 381.22 crore in Q2 FY23. Revenue from operations increased marginally to Rs 4,914.32 crore in Q2 FY24 from Rs 4,908.90 crore reported in Q2 FY23.
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