StockWatch
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Civil Construction
Deals4 Sept 2026, 08:00 pm

RVNL Secures ₹903 Cr Contract from SJVN Thermal

AI Summary

Rail Vikas Nigam Limited (RVNL) has announced receiving a Letter of Award from SJVN Thermal Private Limited, a wholly owned subsidiary of SJVN Limited. The contract is for the construction of a permanent siding and an aerial connection for the 1320 MW Buxar Thermal Power Project in Bihar. The project's value is ₹903,00,68,492 (including GST) and is to be executed within 36 months. This award falls within the normal course of RVNL's business operations.

Key Highlights

  • RVNL awarded ₹903 Cr contract for Buxar Thermal Power Project siding.
  • Contract awarded by SJVN Thermal Private Limited.
  • Project involves construction of permanent siding and aerial connection.
  • Execution timeline is 36 months.
  • Deal is in the normal course of RVNL's business.