Rail Vikas Nigam (RVNL) has received a $20m (Rs1.66bn) contract from Gujarat Metro Rail Corporation (GMRC) in the Indian state of Gujarat.

Under the contract, GMRC will supply and commission ballastless track for Surat Metro Rail project under phase one.

RVNL – ISC Projects Private Limited JV has secured a letter of acceptance (LOA) from GMRC for design, supply, installation, testing and commissioning of ballastless track from Sarthana to Dream city in elevated and underground sections.

The project will cover connecting lines to depot along with ballasted/ballastless/embedded standard gauge track for corridor one under phase one of Surat Metro Rail Project.

Work is expected to be completed in 22 months.

Last month, RVNL formed a joint venture (JV) company in the Kyrgyz Republic with Kyrgyzindustry – Open Joint Stock Company (OJSC).

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The JV, in which both the firms have 50% stake each, is called Kyrgyzindustry-RVNL.

It will be involved in the construction of railroad and other infrastructure projects in the country.

In September 2021, RVNL secured a $51.61m (Rs3.82bn) contract from Madhya Pradesh Metro Rail Corporation Limited (MPMRCL) for the Indore Metro Rail Project.

The contract tasked RVNL with the design and construction of seven elevated metro rail stations, as well as electrical and mechanical (E&M) works. The Indore Metro is a rapid transit system that will stretch around 31.5km.