RVNL wins Rs 129.46 crore North Eastern Railway contract
Rail Vikas Nigam Limited secured a contract from North Eastern Railway for traction sub stations in the Varanasi-Prayajgraj section. The Rs 129,46,26,109.47 project, awarded under EPC mode, aims to upgrade electric traction power supply capacity within 730 days.

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Rail Vikas Nigam Limited has emerged as the lowest bidder (L1) for a contract awarded by North Eastern Railway. The project entails the design, supply, erection, testing, and commissioning of traction sub stations with associated switching posts. This work is designated for the 2x25 KV AT traction feeding system in the Varanasi-Prayajgraj section of the Varanasi Division.
Project Details
The contract was secured under the Engineering, Procurement & Construction (EPC) mode. The primary objective of this initiative is the capacity up-gradation of electric traction power supply installations. The project is classified as a domestic order and falls under the normal course of business for the company.
Financial and Operational Scope
The total cost of the work is Rs 129,46,26,109.47, which includes applicable taxes. The company is required to execute the order within a stipulated time period of 730 days. The specific tender reference number for this project is EPC-PSI-BSB-PRYJ_NER.
| Particulars | Details |
|---|---|
| Entity Awarding Order | North Eastern Railway |
| Nature of Order | Design, Supply, Erection, Testing & Commissioning of Traction Sub Stations |
| Contract Value | Rs 129,46,26,109.47 |
| Execution Period | 730 Days |
| Tender No. | EPC-PSI-BSB-PRYJ_NER |
Regulatory Disclosures
The company confirmed that there are no interests held by the promoter, promoter group, or group companies in the entity that awarded the contract. Furthermore, the order does not fall within related party transactions. The information was submitted to the exchanges under Regulation 30 on May 20, 2026.
Historical Stock Returns for Rail Vikas Nigam
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.13% | -5.61% | -9.29% | -13.66% | -34.21% | +805.18% |
How will the successful execution of this Varanasi-Prayagraj traction upgrade project impact Rail Vikas Nigam's order book and future bidding competitiveness for similar railway electrification contracts?
Could the capacity upgradation of the 2x25 KV AT traction feeding system in the Varanasi Division serve as a blueprint for similar electrification projects across other high-traffic Indian railway corridors?
What are the potential risks to Rail Vikas Nigam's margins given the fixed contract value of ~₹129 crore and a 730-day execution window amid rising material and labor costs?


































