StockWatch
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Civil Construction
Deals29 Oct 2026, 08:40 pm

RVNL Bags ₹55 Lakh DPR Project from Ministry of External Affairs

AI Summary

Rail Vikas Nigam Limited (RVNL) has received a Letter of Award (LOA) from the Ministry of External Affairs for preparing a Detailed Project Report (DPR) for setting up a Professional and Technical Education Centre (PTEC) in Seychelles. The project, valued at ₹55,00,000 (Rupees Fifty-Five Lakhs Only) excluding taxes, is to be executed within 6 months. This contract falls within the normal course of RVNL's business and is considered an international project awarded by a domestic entity.

Key Highlights

  • RVNL secured a ₹55 Lakhs project from the Ministry of External Affairs.
  • The project involves preparing a DPR for an education center in Seychelles.
  • The contract has an execution timeline of 6 months.
  • This is considered an international project for RVNL.