Metallurgical Industries,Engineering sector projects by Steel Authority of India Ltd in
Project Information
5995
Steel Authority of India Ltd
Steel Authority of India Ltd (SAIL) has bagged contracts for supplying over 1.17 lakh tonne of rails by bidding successfully for two global tenders floated by Rail Vikas Nigam Limited (RVNL) for major upcoming passenger rail line projects in the country. The total value of the two contracts is over Rs. 650 crore. Domestic as well as global rail manufacturers had participated in the tender.
Based on the guidelines of Asian Development Bank, the funding agency for the projects, RVNL had issued global tenders to get the best prices from suppliers with prior experience of supplying rails with high quality specifications.
RVNL is a special purpose vehicle created by the Centre in 2003 for development and implementation of projects pertaining to strengthening of the Golden Quadrilateral and port connectivity.
Project Value
INR 650 Crore /-
Contract Awarded
Multi State
India
Metallurgical Industries,Engineering
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