RVNL Secures Approval for Delhi MRTS Phase-IV Construction and Bags ₹447.42 Crore Contract
Rail Vikas Nigam Limited (RVNL) has received approval from Delhi Metro Rail Corporation (DMRC) for the construction of Delhi Mass Rapid Transit System (MRTS) Phase-IV. RVNL has also been awarded a ₹447.42 crore contract for part design and construction of a 7.298 km viaduct and seven metro stations as part of the Lajpat Nagar to Saket G Block corridor. The project includes platforms for Pushp Vihar, Saket District Court, Pushpa Bhawan, Chirag Delhi, GK-1, Andrews Ganj, and Lajpat Nagar stations, along with Pre-Engineered Building Structures. The contract is to be executed over 36 months, signifying a major expansion of Delhi's metro network.

*this image is generated using AI for illustrative purposes only.
Rail Vikas Nigam Limited (RVNL), a key player in India's railway infrastructure development, has made significant strides in expanding Delhi's metro network. The company recently received two major approvals that underscore its pivotal role in urban transportation projects.
DMRC Approval for Delhi MRTS Phase-IV
RVNL has obtained approval from the Delhi Metro Rail Corporation (DMRC) for the construction of Delhi Mass Rapid Transit System (MRTS) Phase-IV. This development marks a crucial step forward in the expansion of Delhi's metro network, promising improved connectivity and transportation options for the city's residents.
₹447.42 Crore Contract for Viaduct Construction
In a separate but related development, RVNL has secured a Letter of Award (LOA) from DMRC for a significant portion of the Phase-IV project. The contract, valued at ₹447.42 crore (inclusive of 18% GST), involves the part design and construction of a 7.298 km viaduct and seven metro stations.
Project Details
The awarded contract, designated as D2C-02, encompasses the following key elements:
- Construction of a viaduct from Chainage 1202.782 M to Chainage 8501.25 M
- Development of platforms for seven stations:
- Pushp Vihar
- Saket District Court
- Pushpa Bhawan
- Chirag Delhi
- GK-1
- Andrews Ganj
- Lajpat Nagar
- Installation of Pre-Engineered Building Structures at all stations
Project Timeline and Scope
The project is set to be executed over a period of 36 months, highlighting the scale and complexity of the undertaking. This contract is part of the Lajpat Nagar to Saket G Block corridor of the Delhi MRTS Phase-IV Project, which aims to enhance the city's public transportation infrastructure.
Financial Implications
The substantial contract value of ₹447.42 crore underscores the project's significance and RVNL's growing portfolio in urban transit systems. This development is expected to have a positive impact on the company's order book and future revenue streams.
Conclusion
The approval for Delhi MRTS Phase-IV construction and the subsequent contract award represent significant milestones for RVNL. These developments not only reinforce the company's position in the infrastructure sector but also contribute to the ongoing expansion and improvement of Delhi's public transportation system. As RVNL moves forward with this project, it is poised to play a crucial role in shaping the future of urban mobility in the national capital region.
Project Aspect | Details |
---|---|
Awarding Entity | Delhi Metro Rail Corporation Limited |
Contract Nature | Part design and construction of viaduct and stations |
Project Scope | 7.298 km viaduct, 7 station platforms |
Contract Value | ₹447.42 crore (incl. 18% GST) |
Execution Period | 36 months |
Project Type | Domestic |
Historical Stock Returns for Rail Vikas Nigam
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+0.17% | -1.84% | -6.64% | +1.47% | -38.93% | +1,896.34% |