BCPL Railway climbs nearly 2 per cent on receiving order worth Rs 51.60 crore from Rail Vikas Nigam
BCPL Railway Infrastructure Limited, one of the niche players catering in the area of railway electrification announced on Wednesday that it has received a major order worth Rs 51.60 crore from Rail Vikas Nigam Limited (RVNL).
The company received a letter of acceptance (LoA) from RVNL with an order for supply, erection, testing & commissioning of 25 kV, 50 HZ single phase traction overhead equipment (OHE) and switching stations in the state of Assam. The project costs Rs 51.60 crore with an execution period of 6 months from the date of commencement.
BCPL Railway Infrastructure Limited is an India-based company engaged in the business of railway infrastructure development. The company's key clients include various public & private sector undertakings namely RITES Ltd, Rail Vikash Nigam Ltd (RVNL), Essel Mining Industries Ltd, Adhunik Group as well as various zones of the Indian Railways like Eastern Railway, South Eastern Railway and many more.
At 11.02 am on Wednesday, the stock of BCPL Railway Infrastructure Ltd was trading at Rs 108.30, up by 1.79 per cent while the stock of Rail Vikas Nigam Ltd was trading at Rs 33.40, up by 1.67 per cent on BSE.