Kalindee Rail secures contract from RVNL worth Rs 1027 mn

Kalindee Rail Nirman Engineers Ltd has informed that the Company has been successful in securing another high value contract from Rail Vikas Nigam Ltd., New Delhi (RVNL), a Govt. of India undertaking under Ministry of Railways for installation of signalling for doubling of Railway line between Gooty-Pullampet section in the State of Andhra Pradesh. The contract value is Rs 1027 million and is awarded to consortium comprising the Company and M/s. Leighton contractors (India) Pvt Ltd, subsidiary of Leighton Holding Ltd., a Singapore based Company. Further the Company has informed that the Company has been recipient of a contract from Reliance Energy for Railway siding works for their upcoming power project at Yamuna Nagar, Haryana very recently.

Source : Equity Bulls

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