RVNL Lowest Bidder for ₹404.88 Cr East Coast Railway Project

Rail Vikas Nigam Limited (RVNL) has emerged as the Lowest Bidder (L1) for a significant project from East Coast Railway. The contract, valued at approximately ₹404.88 crore (including GST), involves the execution of various infrastructure works including roadbed, bridges, buildings, ballast supply, and track linking. The project also includes utility shifting for S&T and electrification works. This development is considered a normal course of business for RVNL and is expected to contribute to its order book and future revenue streams. The project has a completion timeline of 30 months.