Reliance Infrastructure bags EPC contract from Rail Vikas Nigam Limited
Reliance Infrastructure Limited EPC has received the Letter of Award (LOA) from Rail Vikas Nigam Limited (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.
The other bidders in the fray were L&T and NCC. It is the first EPC contract of RVNL for Railway project.
The Railway line between Jimidipeta to Gotlam is part of Titlagarh-Vizianagaram section. At present, Titlagarh-Vizianagaram is a double line (electrified) track section of Jharsuguda- Visakhapatnam line.
It is an important rail link between Jharsuguda and Visakhapatnam, and serves as a bypass Rail link to Howrah-Mumbai trunk route and Howrah-Chennai main line of East Coast region. It also caters to the goods and passenger traffic from Bhubaneswar, Sambalpur and Raygada with Koraput on the Kottavalsa-Kirandaul line. The line traverses through Western Odisha and Andhra Pradesh. This line will lead to development around the entire area.
Commenting on the award, Reliance Infrastructure EPC CEO, Arun Gupta, said, “RInfra has strong credential in successful execution of complex EPC projects in various sectors including railway and metro space. This order marks our foray into Railway EPC segment and further strengthens Reliance Infrastructure Limited’s bona fide to lead in construction of rail transportation systems. The company is well positioned in the emerging railway market and poised to capture a sizable share.”
Indian Railway has a plan outlay of more than Rs 7 lakh crores in the coming five years towards decongestion of railway line (doubling), new railway line, high speed railway, station development and others.
Reliance Infrastructure Limited is keenly pursuing project opportunities worth around Rs. two lakh crore to increase its EPC order book to Rs. 50,000 crore by FY19. Reliance Infrastructure Limited is equally well-positioned to garner sizeable market share in transport sector.
Reliance Infrastructure Limited EPC has earlier executed large-scale projects worth Rs. 33,000 crore including the ultra mega power project (UMPP) of 3,960 MW at Sasan, Madhya Pradesh. The infrastructure major has been focusing on projects in power, roads, railways, defence and ports.
Reliance Infrastructure Limited EPC is known for its unmatched capability in executing challenging projects, through the right mix of innovation, technology and robust processes to manage cost, time and delivering world-class quality.
@EPC World Media