RVNL Misses Out On Major Electrification Contracts For Nagpur Metro Phase 2
Take Stock Of The Week Ahead

Get all the latest Share Market trends and news to set you up for the week ahead.

Congratulations!
You have successfully subscribed.

KEC International and BNC Power Projects have outbid other major contenders, including Siemens-RVNL JV, to secure the electrification contracts TR-02 and TR-03 for the Nagpur Metro Phase 2 project, according to a Times of India report.

What Happened: KEC International won the TR-02 package with a bid of ₹207.36 crore, slightly above the estimated cost of ₹205 crore. The contract involves the design, supply, installation, testing, and commissioning of 25kv flexible overhead equipment (OHE) and sectioning posts across at-grade and elevated sections.

BNCPPL secured the TR-03 package with a bid of ₹381 crore, exceeding the estimated cost of ₹344 crore by 10.72%. This contract includes the installation and commissioning of a 33 kV cable network, Auxiliary SubStation (ASS), Receiving SubStation (RSS), and SCADA system.

See Also: BEL And Israel Aerospace Industries Establish Joint Venture After Govt Approval

The Nagpur Metro Phase 2 project, spanning 43.8 km, is a significant initiative to enhance the city’s metro network and alleviate traffic congestion. The electrification works, including the installation of advanced systems like 25kV flexible OHE and 33 kV cables, are crucial for efficient operations upon completion.

This development comes as RVNL recently secured contracts from the East Coast Railway and East Central Railway. In October 2024, RVNL had won a ₹283 Cr order from the East Coast Railway for the construction of the third and fourth lines between Jarapada and Talcher Road and a new line between Angul-Balram.

In September 2024, RVNL had bagged a ₹180 Cr order from East Central Railway for the design, supply, erection, testing, and commissioning of a 2×25 kilovolt feeder line along the track with 25-kilovolt overhead equipment modification works.

Read Next: TCS, Tata Elxsi To Report Earnings Next Week: What To Expect


Engineered by Benzinga Neuro, Edited by Utkarsh Roshan


The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.


Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.

Comments
Loading...
EquitiesNewsMarketsRail Vikas Nigam