Rail Vikas Nigam Limited (RVNL) has emerged as the lowest bidder for a significant contract from Central Railway, marking another milestone in the company's project portfolio. The contract, valued at ₹272.08 crore, involves a comprehensive railway infrastructure project aimed at enhancing the traction system in the Daund-Solapur sections.

Project Details

The scope of the project includes:

• Design, supply, erection, testing, and commissioning of traction infrastructure
• Installation of 220/132/55 KV traction substations
• Setting up of Sectioning Posts (SPs) and Sub Sectioning Posts (SSPs)
• Implementation of a 2x25 KV traction system with Scott-connected transformers

This Engineering, Procurement, and Construction (EPC) project is designed to meet a 3,000 MT loading target, signifying its importance in improving the railway's freight capacity.

Contract Specifics

Strategic Implications

This contract win reinforces RVNL's position as a key player in India's railway infrastructure development. The company has clarified that the promoters have no interest in Central Railway, and the order is not a related party transaction, ensuring transparency in the bidding process.

Recent Performance

The latest contract adds to RVNL's growing order book. In October, the company secured three orders, including a notable ₹165.5 crore infrastructure project from North Eastern Railway. This consistent acquisition of projects underscores RVNL's competitive edge in the railway infrastructure sector.

Conclusion

As RVNL continues to secure significant contracts, it demonstrates the company's crucial role in modernizing and expanding India's railway network. The successful execution of this project will contribute to enhancing the efficiency and capacity of the Daund-Solapur railway sections, aligning with the broader goals of improving the country's transportation infrastructure.

Rail Vikas Nigam Limited (RVNL), a prominent player in the Indian infrastructure sector, has emerged as the lowest bidder for a significant project from North Eastern Railway. The company has secured a contract valued at ₹165.54 crore for the construction of a crucial bridge substructure.

Project Details

The project involves constructing the substructure of Bridge No. 50 with 14 spans of 61.0 metres each over river Gandak, between Paniyahwa and Valmikinagar stations. Key aspects of the project include:

• Double D-type well foundation for double line
• RDSO 25T axle loading standard
• Part of doubling work between Gorakhpur Cantt and Valmikinagar section
• Execution period: 24 months

Additional Contract

In addition to this project, RVNL has also secured another contract worth ₹144.44 crore from South Central Railway. This project involves OHE upgradation work in the Ramgundam-Kazipet section, with an 18-month execution period.

Market Performance

Following the announcement, RVNL shares closed 0.09% higher at ₹329.75 on the National Stock Exchange (NSE).

This latest contract win underscores RVNL's strong position in the railway infrastructure sector and its ability to secure significant projects. As the company continues to expand its project portfolio, it reinforces its role in the development of India's railway infrastructure.