Rail Vikas Nigam Limited (RVNL) has received a Letter of Award (LOA) from Delhi Metro Rail Corporation Limited for a project worth ₹447.42 crore. The contract involves the part design and construction of a 7.298 km viaduct, including seven stations, on the Lajpat Nagar to Saket G block corridor of the Delhi MRTS Phase-IV Project.
Contract Details
Particulars
Details
Name of Entity Awarding Order
Delhi Metro Rail Corporation Limited
Nature of Order
CONTRACT D2C-02: Part Design and Construction of viaduct of length 7.298 kms. from Chainage 1202.782 M to Chainage 8501.25 M including seven (07) stations (only platforms) namely Pushp Vihar, Saket District Court, Pushpa Bhawan, Chirag Delhi, GK-1, Andrews Ganj And Lajpat Nagar including Pre-Engineered Building Structure in all stations of Lajpat Nagar to Saket G block corridor of Delhi MRTS Phase-IV Project.
Order Type
Domestic
Execution Time Period
36 Months
Project Cost
₹447,42,48,757.33 (inclusive of 18% GST)
Related Party Transaction
No
Project Overview
The project includes the construction of a 7.298 km viaduct from Chainage 1202.782 M to Chainage 8501.25 M. It also involves the construction of seven stations (only platforms): Pushp Vihar, Saket District Court, Pushpa Bhawan, Chirag Delhi, GK-1, Andrews Ganj, and Lajpat Nagar. The construction includes pre-engineered building structures in all stations from Lajpat Nagar to Saket G block corridor of Delhi MRTS Phase-IV Project.
Financial Details
The project is valued at ₹447,42,48,757.33, which includes 18% GST. The project is expected to be completed within 36 months.
Strategic Importance
This contract is part of the Delhi MRTS Phase-IV Project, which aims to expand and improve the metro network in Delhi. The project will enhance connectivity and provide better transportation infrastructure for the city's residents.
Market Impact
The acquisition of this project is a positive development for Rail Vikas Nigam Limited, demonstrating its capabilities in executing large-scale infrastructure projects. This contract is expected to contribute to the company's revenue and strengthen its position in the railway and metro construction sector.
