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19-Apr2018

RInfra receives LOA worth Rs 774 crore

Reliance Infrastructure (RInfra) has received the Letter of Award (LOA) from Rail Vikas Nigam (RVNL) for its maiden railway project worth Rs 774 crore for the construction of third rail line between Jimidipeta and Gotlam on East Coast Railway on Engineering, Procurement and Construction (EPC) basis.

The 105 km-long line will run in Andhra Pradesh and Odisha. The scope of work includes Civil, Track, Electrification, Signalling and Telecom works of the rail line. The scope of work also includes construction of 13 railway stations and staff quarters.

RInfra is one of the largest infrastructure companies, developing projects through various Special Purpose Vehicles (SPVs) in several high growth sectors such as Power, Roads and Metro Rail in the Infrastructure space and the Defence sector.


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