An Indian multinational conglomerate headquartered in Visakhapatnam, the Navayuga Group, has emerged as the lowest bidder for the construction of the development of tunnels and bridges along with formation works. The bid comes under package – 3 for building a new rail line between Rishikesh and Karnprayag. The total distance of it will be 125 km which will ease the connectivity between two places of worship. The two hill stations of Uttarakhand also have importance as tourist destinations. The cost of the tender estimated by the Rail Vikas Nigam Limited (RVNL) was ₹1887.53 crore and the financial bid for the project was opened last week.
📅Published on:
04 September 2020
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