
Business Update19 Sept 2026, 07:20 pm
RVNL Secures ₹404.88 Cr Order from East Coast Railway
AI Summary
Rail Vikas Nigam Ltd (RVNL) has received a Letter of Acceptance (LOA) from East Coast Railway for a significant project valued at ₹404.88 crore (including GST). The project involves the execution of roadbed, bridges, building works, ballast supply, track linking, and allied works, including utility shifting for S&T and electrification. This work is crucial for the third line construction between Nergundi-Barang and Khurda Road-Vizianagaram sections. The order is in the normal course of RVNL's business and is considered a domestic contract.
Key Highlights
- RVNL awarded ₹404.88 Cr contract by East Coast Railway.
- Project involves third line construction on Bhadrak-Vizianagaram section.
- Contract is for execution of roadbed, bridges, and allied works.
- Order falls within the normal course of RVNL's business.
- This is a domestic contract awarded by a government entity.
Price Impact
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