Rail Vikas Nigam gets an order worth of Rs. 289.69 Crores from East Coast Railway to Construct the New line between Angul- Balram. The Company informs the exchange on October 30. gets an order worth of Rs. 289.69 Crores from East Coast Railway to Construct the New line between Angul- Balram. The Company share price rose up by 6.62% to INR 467.95 on NSE.
As per contract from East Coast Railway, Rail Vikas Nigam have to construct “3rd & 4th line between Jarapada & Talcher Road and Construction of New line between Angul- Balram (MCRL Inner Corridor Phase-I Doubling 14 Kms).: Execution of balance earthwork in formation, minor bridges, major bridges, P. way linking works, supply of ballast, S&T Buildings, Level Crossing and other Misc. works between Jarapada and Talcher Road excluding station yards in connection with 3rd& 4th line of Jarapada-Budhapank Project and between Angul & Balram including yards of MCRL Inner Corridor Phase-I Doubling.”
For full details – https://nsearchives.nseindia.com/corporate/RVNL_30102024152747_coveringletter301024.pdf
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