Rail Vikas Nigam emerged as lowest bidder for 2 packages in Jabalpur Company

22 Jun 2023 , 12:46 PM

Rail Vikas Nigam Limited (RVNL) said that it has emerged as the Lowest Bidder (L1) for two (2) MPPKVVCL Jabalpur Company Area Packages 16 and 17.

According to the company, package 16 involves the provision of installation, supply, testing, and commissioning of new 11 KV lines, low-tension (LT) lines using AB cable, distribution transformer substations, and associated infrastructure like distribution points (DPs), transformer points (TPs), crossings, etc.

This package aims to separate 11 KV mixed feeders and mixed distribution transformer substations as part of the revamped, reform-based, and results-linked distribution sector initiative in the Chhatarpur circle of MPPKVVCL, Jabalpur Company Area. The cost of package 16 is approx. Rs 126.81 crore.

As per the company, Package 17 will cost about Rs 154.23 crore. It comprises the supply, installation, testing, and commissioning of new 11 KV lines, low-tension (LT) lines utilizing AB cable, distribution transformer substations, and related infrastructure such as distribution points (DPs), transformer points (TPs), crossings, etc.

The package aims to separate 11 KV mixed feeders and mixed distribution transformer substations within the Seoni and Narsinghpur circles of MPPKVVCL, Jabalpur Company Area, as part of the revamped, reform-based, and results-linked distribution sector initiative.

At around 12.51 PM, Rail Vikas Nigam was trading 0.61% lower at Rs 123.05, against the previous close of Rs 123.80 on NSE.

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