Rail Vikas Nigam Ltd (RVNL) has signed a Memorandum of Understanding (MoU) with Engineers India to enhance collaboration in infrastructure projects. This partnership aims to explore new business opportunities globally and leverage the strengths of both companies for bidding and executing projects in various sectors.
The key objectives of the MoU include:
- Identifying business avenues and projects worldwide to complement each other’s strengths.
- Sharing information to align market needs with the capabilities of both parties.
- Establishing a working relationship targeting specific industry requirements.
- Developing business proposals and exploring Engineering Procurement Construction (EPC) opportunities across government, semi-government, private entities, and multilateral funding agencies globally.
RVNL shares closed 0.98% lower at ₹521.00 on the NSE.
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