Signals, Powered By EquityPandit
Reliance Infrastructure Limited EPC, has received the Letter of Award (LOA) from Rail Vikas Nigam Limited (RVNL) worth Rs.774 crore, for its maiden railway project.
The contract is for construction of third rail line between Jimidipeta and Gotlam on East Coast Railway on Engineering, Procurement and Construction (EPC) basis. The scope of work includes civil, track, electrification, signalling and telecom works of the rail line and the 105 km long line will run in Andhra Pradesh and Odisha. The contact also includes construction of 13 railway stations and staff quarters.
Furthermore, Arun Gupta, CEO, Reliance Infrastructure EPC stated, “RInfra has strong credential in successful execution of complex EPC projects in various sectors including railway and metro space, This order marks our foray into Railway EPC segment and further strengthens Reliance Infrastructure Limited’s bona fide to lead in construction of rail transportation systems. The company is well positioned in the emerging railway market and poised to capture a sizeable share.
