The Indian Railways has placed an order with state-owned RVNL, which announced on Wednesday that it is worth Rs 390 crore. According to an exchange filing from RVNL, the deal is for the Asansol division to build the Sitarampur bypass line.
It further stated that RVNL has obtained a Letter of Acceptance from the Eastern Railway to build the Sitarampur bypass line under the Eastern Railway’s Asansol Division.
“The project cost is Rs 3,90,97,35,276.55 including GST, and the duration of the project is 24 months,” the company stated.
Under the Ministry of Railways, RVNL is in charge of planning, funding, and carrying out rail infrastructure projects.