Mumbai: Reliance Infrastructure Limited EPC has received the LOA (Letter of Award) from RVNL (Rail Vikas Nigam Limited) for its maiden railway project worth Rs 774 crore for the construction of 3rd rail line between Jimidipeta & Gotlam on East Coast Railway on EPC (Engineering, Procurement & Construction) basis, the company said.
Arun Gupta, CEO, Reliance Infrastructure EPC, 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.”
About The Project:
- The 105 km line will run in Andhra Pradesh & Odisha.
- The scope of work includes civil, track, electrification, signalling & telecom works of the rail line.
- The work also includes construction of 13 railway stations and staff quarters.
- The railway line between Jimidipeta to Gotlam is part of Titlagarh-Vizianagaram section.
- Currently, Titlagarh-Vizianagaram is a double line (electrified) track section of Jharsuguda- Visakhapatnam line.
- It is an important rail link between Jharsuguda & Visakhapatnam, and serves as a bypass rail link to Howrah-Mumbai trunk route and Howrah-Chennai main line of East Coast region.
Indian Railways has a plan outlay of more than Rs 7 lakh crores in the coming 5 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 2 lakh crore to increase its EPC order book to Rs 50,000 crore by FY19.
Image Credit: Macquarie