With the upgrade system, Southern Railway could meet its 3,000 MT loading target, announced the company in its filing with the bourses.
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As per the company’s filing, the work order include design, supply, putting up, testing, and commissioning of overhead equipment (OHE).
It consists of a 198 km railway line in the Ratlam and Bhopal divisions of the Western and West Central Railways in Madhya Pradesh.
The project is to be executed or completed in a time frame of 24 Months and is aimed to improve upon or bolster the railway infrastructure to handle a target of 3,000 MT of loading.
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The company also mentioned in its filing that once the road is completed, it shall enhance connectivity to Visakhapatnam Port.
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Under the scope of contract, the company shall cover Rayadurga-Topavagada section of the TK-RDG railway line.
Here are some of the stocks that may see significant price movement today: Rail Vikas Nigam, Brigade Enterprises, RITES, etc.
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