RVNL Emerges as Lowest Bidder for ₹554.64 Cr NHAI Road Project

Rail Vikas Nigam Limited (RVNL) has emerged as the lowest bidder for a key infrastructure project worth ₹554.64 crore awarded by the National Highways Authority of India (NHAI).

The project involves the construction of a six-lane access-controlled connectivity road linking Sabbavaram bypass (Anakapalli-Anandapuram corridor) to Sheelanagar junction of NH-516C in Andhra Pradesh. It will be executed under the Hybrid Annuity Model (HAM), where both government and private entities share investment risks. This win further strengthens RVNL’s presence in the road infrastructure sector.