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The scope of the project entails associated works such as 11 KV Line bifurcation, 11 KV line interconnection, 11 KV Line conductor augmentation, LT AB cabling augmentation and conversion of LT bare conductor to AB cabling under revamped reforms-based and results-linked, distribution sector (Package-11) in Jabalpur (City), Jabalpur (O&M), Katni, Mandla, Dindori, Seoni, Chhindwara, Narsinghpur, Balaghat, Shahdol, Anuppur and Umariya Circles of MPPKVVCL in Jabalpur Company area, Madhya Pradesh.
This order is received from M.P. Madhya Kshetra Vidyut Vitaran Company for a consideration of Rs 251.05 crore. The contract is to be executed in 24 months.
Rail Vikas Nigam (RVNL) undertake and execute successfully the project development, financing and implementation of projects related to rail infrastructure.
The company’s consolidated net profit rose 3.5% YoY to Rs 394.42 crore in Q2 FY24. Net sales grew marginally to Rs 4,914.32 crore in Q2 FY24 as against Rs 4,908.90 crore in Q2 FY23.
The scrip hit a life-time high of Rs 231.80 in today’s intraday session.
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