Rail Vikas Nigam Limited (RVNL) has signed a Memorandum of Understanding (MoU) with Abhinava Strategic Partners Pvt Ltd (ASP) to collaborate on infrastructure projects in Saudi Arabia and the Middle East region.
Key Objectives of the MoU:
- Provide advisory services for RVNL’s projects in various sectors, including:
- Railways & Mass Rapid Transit Systems (MRTS)
- Tunnels, Highways, Expressways, and Bridges
- Building Infrastructure & Airports
- Ports, Irrigation, and Power Transmission
- Renewable Energy (Solar, Wind, Hydro Power)
Strategic Significance
This partnership aims to expand RVNL’s global footprint by tapping into infrastructure opportunities in Saudi Arabia and the Middle East. The collaboration will help RVNL leverage expertise in large-scale infrastructure development while enhancing its international project execution capabilities.
The announcement was made under SEBI (LODR) Regulations, 2015, ensuring compliance with market disclosure norms.
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RVNL