
Deals28 Jul 2026, 06:30 pm
RVNL Secures ₹359 Cr Doubling Project from East Central Railway
AI Summary
Rail Vikas Nigam Limited (RVNL) has received a Letter of Acceptance (LOA) from East Central Railway for the construction of doubling work on the Sitamarhi-Raxaul section. The project, valued at approximately ₹358.97 crore (including 18% GST), involves earthwork, bridges, station buildings, and other miscellaneous works over a 41.04 km stretch. The execution period for this Engineering, Procurement, and Construction (EPC) contract is 1095 days. This order is considered to be in the normal course of business for RVNL and does not involve related party transactions.
Key Highlights
- RVNL awarded ₹359 Cr EPC contract for railway doubling.
- Project involves construction on Sitamarhi-Raxaul section.
- Contract duration is 1095 days.
- Order is in the normal course of RVNL's business.
- No related party interest involved in the contract.
Price Impact
More from RVNL