RVNL Receives Rs 390 Crore Order From Indian Railways

State-owned RVNL on Wednesday said it has received an order worth around Rs 390 crore from the Indian Railways. The contract is for construction of the Sitarampur bypass line under the Asansol division, RVNL said in an exchange filing.

RVNL has received a Letter of Acceptance from the Eastern Railway for the construction of the Sitarampur bypass line under the Asansol Division of Eastern Railway, it added.

"The project cost is Rs 390 crore including GST, and the duration of the project is 24 months," the company said.

RVNL, under the Ministry of Railways, is involved in project development, financing and implementation of projects related to rail infrastructure.