Rail Vikas Nigam Wins ₹967.93 Cr EPC Order from East Coast Railway for Bridge Construction

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.

Particulars:	Details
Entity Awarding Order:	East Coast Railway
Nature of Order:	Construction of bridges on EPC mode
Project Duration:	1095 days
Order Value:	₹967.93 crore (including 18% GST)
Type of Entity:	Domestic

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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.83%	-2.79%	-5.17%	-31.16%	-40.54%	+609.24%

Rail Vikas Nigam has secured a Letter of Acceptance from South East Central Railway for an electronic interlocking replacement project valued at ₹221.33 crore. The Engineering, Procurement, and Construction (EPC) contract, awarded on June 8, 2026, encompasses the replacement of panel interlocking with electronic interlocking systems along with associated indoor and outdoor works. This order underscores the company's continued involvement in critical railway signalling and infrastructure modernisation projects across the Indian rail network.

Contract Details

The following table summarises the key parameters of the awarded contract:

Parameter:	Details
Contract Value:	₹221.33 crore
Nature of Work:	Electronic Interlocking Replacement
Railway Zone:	South East Central Railway
Division:	Bilaspur
Execution Period:	730 Days

The project scope includes the construction of S&T service buildings, electrification of these buildings, and cabling works in adjoining block sections. The specific stations covered under this order are BSPR, KLPG, ABKP, MZH, HRV, PRDL, KTMA, BJRI, KJZ, MDGR, CHRM, GTK, KLTR, PLAU, and KBS.

Significance of the Order

Electronic interlocking systems are a vital component of modern railway safety infrastructure, enabling automated and fail-safe control of track switches and signals. The upgrade of such systems in the South East Central Railway zone is part of the broader effort to enhance operational safety and efficiency on Indian Railways. Rail Vikas Nigam, as a key public sector undertaking under the Ministry of Railways, plays a central role in executing such capital-intensive signalling and infrastructure projects.

This contract further strengthens the company's order book, reflecting sustained demand for railway modernisation works across various zones of Indian Railways.