Mumbai, Oct. 3 -- The contract involves the strengthening of signalling and telecommunication (S&T) maintenance activities by providing round-the-clock manpower for the maintenance, repair, and upkeep of signalling and telecom equipment installed at various locations across the Ahmedabad Division.

According to the company, the total order value is Rs 40,41,60,533.80 and the project is to be executed over a period of 24 months.

In a regulatory filing, RVNL clarified that none of its promoters or members of the promoter group have any interest in the awarding entity. The company further confirmed that the transaction does not qualify as a related party transaction under applicable regulatory norms.

Rail Vikas Nigam is in the business of ...