Kenya, March 17 -- According to an exchange filing, the project involves refurbishment of permanent way at NMDC sidings and mobile equipment tracks, along with maintenance works at Kirandul and Bacheli in Chhattisgarh. The total contract value stands at Rs 95.27 crore and the project is scheduled to be executed within a period of 36 months.

The company clarified that its promoters and promoter group entities have no interest in the awarding authority and the contract does not fall under related-party transactions under applicable regulatory norms.

Rail Vikas Nigam is engaged in executing a wide range of railway infrastructure projects, including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, m...