Rail Vikas Nigam Limited has secured a contract worth ₹2977 Cr from NMDC Limited to establish buffer stockpiles and a blending yard in Vizag, Andhra Pradesh. The project encompasses a handling capacity of 10 million tonnes per annum (MTPA) and is expected to be executed over a period of 42 months. This development underscores the company's continued momentum in securing infrastructure projects within the domestic market.

The contract was awarded following a competitive process and falls under the normal course of business for rail vikas nigam . The total consideration of ₹2977 Cr includes Goods and Services Tax (GST) at 18%. The project scope involves the setting up of facilities designed to enhance the logistical efficiency of bulk material handling at the specified location.

Project Details

The disclosure was made to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The order is classified as a domestic contract, with no involvement of related party transactions or interests from the promoter group.

The company confirmed that there are no specific interests held by the promoter or group companies in NMDC Limited. Furthermore, the transaction does not qualify as a related party transaction, ensuring it was conducted at arm's length.

Rail Vikas Nigam Limited has secured a Letter of Acceptance (LOA) from East Coast Railway valued at ₹967.93 crore for the construction of major bridges on the Bhadrak-Vizianagaram section. The project, awarded on Engineering, Procurement, and Construction (EPC) mode, encompasses the 3rd and 4th lines between Nergundi-Barang and Khurda Road-Vizianagaram. This order is part of the normal course of business for the company.

Project Scope and Key Details

The scope of work involves constructing four important bridges, including Bridge No. 539 over the river Birupa, Bridge No. 544 over the river Mahanadi, Bridge No. 553 over the river Kathjori, and Bridge No. 557 over the river Kuakhai. The total project length spans approximately 385 km. The contract specifies a completion period of 1095 days.

The financial consideration for the order amounts to ₹967,92,66,661.70, inclusive of 18% GST. The order was awarded by a domestic entity, and the company confirmed that there are no interests held by the promoter group or related parties in the awarding authority.

Regulatory Disclosure

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The declaration regarding the order was submitted pursuant to a SEBI Master Circular dated January 30, 2026.