Business Update8 Jun 2026, 05:43 pm
RVNL Secures ₹221.33 Cr Order from South East Central Railway
AI Summary
Rail Vikas Nigam Limited (RVNL) has received a Letter of Acceptance (LOA) from South East Central Railway for a project valued at ₹221.33 crore. The project involves the replacement of panel interlocking with electronic interlocking, along with associated indoor and outdoor works, construction, and electrification of S&T service buildings. This contract is in the normal course of business for RVNL and is expected to be executed within 730 days. The order is from a domestic entity and does not involve any interest from the promoter or group companies.
Key Highlights
- RVNL awarded ₹221.33 Cr contract by South East Central Railway.
- Project includes replacement of interlocking and S&T infrastructure.
- Execution timeline for the project is 730 days.
- Order is from a domestic entity.
- No promoter or group company interest in the awarded contract.
Price Impact
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