Mumbai, March 12 -- The project involves the construction of a six-lane, access-controlled connection to Visakhapatnam Port Road, extending from the Sabbavaram bypass of the Anakapalli-Anandapuram corridor to Km 12.660 (Sheelanagar junction) of NH 516C. The work will be carried out on a hybrid annuity mode in the state of Andhra Pradesh under NH (O) scheme.

The project cost is Rs 554.64 crore, and it is expected to be completed within 730 days.

Rail Vikas Nigam is in the business of executing all types of railway projects, including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable-stayed bridges, institution buildings, etc.

The company reported 13.14% declin...