Deals17 Jun 2026, 07:00 pm
RVNL Secures ₹967.9 Cr Rail Project from East Coast Railway
AI Summary
Rail Vikas Nigam Limited (RVNL) has received a Letter of Acceptance (LOA) from East Coast Railway for a significant infrastructure project. The contract involves the construction of 3rd and 4th lines between Nergundi-Barang and Khurda Road-Vizianagaram sections, spanning 385 Km. This includes the construction of four major bridges on an EPC mode. The project is valued at approximately ₹967.93 crore (including 18% GST) and is to be executed within 1095 days. This order falls within the normal course of RVNL's business and is a domestic contract.
Key Highlights
- RVNL awarded ₹967.9 Cr rail project by East Coast Railway.
- Project involves 3rd and 4th line construction over 385 Km.
- Includes construction of four major bridges on EPC mode.
- Project execution timeline is 1095 days.
- Order is a domestic contract in the company's normal business.
Price Impact
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