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Latest news about Rail Vikas Nigam

RVNL Secures Lowest Bid for ₹213.22 Crore OHE Upgradation Project 1 day ago Yesterday

Rail Vikas Nigam Limited (RVNL) has become the lowest bidder for a ₹213.22 crore project awarded by South Central Railway. The project involves upgrading Overhead Equipment (OHE) and is to be completed within 24 months. This development aligns with RVNL's core competencies and is expected to contribute to its order book and future revenue. The company maintains a revenue guidance of ₹20,000-22,000 crore for FY26, citing strong momentum from competitively bid projects.

RVNL Emerges as Lowest Bidder for ₹213 Crore Infrastructure Project 4 days ago

Rail Vikas Nigam Reports Q4 Profit Dip, Announces Dividend May 22, 2025

Rail Vikas Nigam Ltd Reports Q4 Financial Results with Slight Decline in Profit, Recommends Final Dividend May 21, 2025

Rail Vikas Nigam Limited Sets Date for Q4 and FY25 Results, Considers Dividend May 20, 2025

More news about Rail Vikas Nigam

20May 25

Rail Vikas Nigam Secures Rs 178.64 Crore Contract from IRCON International

Rail Vikas Nigam Ltd (RVNL) has won a Rs 178.64 crore contract from IRCON International for railway infrastructure upgrades. The project involves installing signalling systems, telecommunications infrastructure, and Electronic Interlocking systems at 10 new stations and 6 Intermediate Block Signalling sections. RVNL aims to complete the project within 11 months, reinforcing its position in railway modernization initiatives.

19May 25

Rail Vikas Nigam Shares Surge 7% on New Subsidiary Formation and Contract Win

Rail Vikas Nigam Ltd (RVNL) shares climbed 7% following two key announcements. The company incorporated a new wholly-owned subsidiary, Sabbavaram Sheelanagar Road Development Ltd, in Andhra Pradesh for construction and infrastructure operations. Additionally, RVNL secured a contract worth Rs 159.79 crore from Central Railway.

16May 25

RVNL Expands Footprint: New Subsidiary Established in Andhra Pradesh

Rail Vikas Nigam Limited (RVNL) has incorporated a new subsidiary, Sabbavaram Sheelanagar Road Development Ltd, in Andhra Pradesh. This move marks RVNL's expansion into road infrastructure development, diversifying beyond its core railway infrastructure business. The strategic decision signals RVNL's intent to strengthen its presence in southern India and capitalize on the country's infrastructure growth push.

16May 25

RVNL Secures Rs 159.79 Crore Contract from Central Railway, Announces Board Meeting

Rail Vikas Nigam Limited (RVNL) has won a new contract worth Rs 159.79 crore from Central Railway for OHE modification work in the Itarsi-Amla section, to be completed in 24 months. The company's board will meet on May 21 to consider a final dividend for FY 2024-25. RVNL has also appointed Surender Singh as a non-official part-time director.

15May 25

Rail Vikas Nigam Secures ₹116 Crore Order from Central Railway for Electric Traction System Upgrade

Rail Vikas Nigam Limited (RVNL) has received a ₹116 crore order from Central Railway to upgrade the electric traction system from 1x25 KV to 2x25 KV in the Itarsi-Amla section of Nagpur Division. The project has a 24-month execution timeframe and is expected to contribute to RVNL's project pipeline and future revenue streams.

11Apr 25

RVNL Boosts Project Portfolio with ₹144.00 Crore Order Win

Rail Vikas Nigam Limited (RVNL) has won a new order worth ₹144.00 crore, strengthening its position in the Indian railway infrastructure sector. This significant contract is expected to enhance RVNL's revenue stream, expand its order book, and increase market confidence. The project aligns with India's focus on upgrading railway infrastructure, potentially leading to improved financial performance and future growth opportunities for RVNL.

25Mar 25

RVNL Secures ₹1.16 Billion Project Bid, Maintains Strong Credit Rating

Rail Vikas Nigam Limited (RVNL) has won a ₹1.16 billion project from Central Railway as the lowest bidder. Care Edge has reaffirmed RVNL's 'CARE AAA; Stable' rating for long-term facilities and 'CARE AAA; Stable / CARE A1+' for long-term/short-term facilities, indicating strong financial health. The company also announced the resignation of Mr. Munna Kumar, Executive Director (BD&P), effective March 11, 2025.

24Mar 25

Rail Vikas Nigam Limited Secures ₹115.79 Crore Contract for Electric Traction Upgrade

Rail Vikas Nigam Limited (RVNL) has won a ₹115.79 crore contract from Central Railway's Nagpur division to upgrade the electric traction system from 1x25 KV to 2x25 KV in the Itarsi-Amla section. The 24-month project aims to support Central Railway's 3,000 MT loading target by improving power transmission efficiency and train performance. Additionally, RVNL announced the resignation of Mr. Munna Kumar, Executive Director (BD&P), effective March 11, 2025.

21Mar 25

RVNL Expands into Highway Infrastructure with ₹554.65 Crore NHAI Contract

Rail Vikas Nigam Limited (RVNL) has been awarded a ₹554.65 crore contract by the National Highways Authority of India (NHAI) for constructing a 6-lane access-controlled road in Visakhapatnam, Andhra Pradesh. The project, spanning 12.66 kilometers, will connect Visakhapatnam Port Road from Sabbavaram bypass to Sheelanagar junction. This marks RVNL's significant expansion beyond railway projects into highway infrastructure development, with a 730-day execution timeframe under the Hybrid Annuity Mode.

12Mar 25

RVNL Secures ₹555 Crore Contract and Emerges as L1 Bidder for NHAI Project Worth ₹554.64 Crore

Rail Vikas Nigam Limited (RVNL) has won a ₹555 crore contract and emerged as the lowest bidder for a ₹554.64 crore NHAI project in Andhra Pradesh. The NHAI project involves constructing a 6-lane access-controlled road to Visakhapatnam Port. Additionally, RVNL's Executive Director (BD&P), Mr. Munna Kumar, has resigned effective March 11, 2025.

11Mar 25

RVNL Secures Multiple Infrastructure Projects and Expands International Presence

Rail Vikas Nigam Limited (RVNL) has won a ₹554.64 crore NHAI project for a six-lane road in Andhra Pradesh and another contract worth ₹555 crores. The company has also signed an MoU with Abhinava Strategic Partners for advisory services on infrastructure projects in Saudi Arabia and the Middle East, expanding into sectors like railways, MRTS, roads, and renewable energy.

11Mar 25

RVNL Expands Global Reach: Signs MoU with Abhinava Strategic Partners for Middle East Projects

Rail Vikas Nigam Limited (RVNL) has signed a Memorandum of Understanding with Abhinava Strategic Partners Private Limited (ASP) for advisory services on various infrastructure projects in Saudi Arabia and the Middle East. The partnership covers a wide range of sectors including railways, mass transit, roads, airports, ports, and renewable energy. This move marks RVNL's significant step towards international expansion and diversification of its project portfolio.

10Mar 25

RVNL Expands Global Reach: Signs MoU with Abhinava Strategic Partners for Middle East Advisory Services

Rail Vikas Nigam Limited (RVNL) has signed a Memorandum of Understanding with Abhinava Strategic Partners Private Limited (ASP) to expand its presence in Saudi Arabia and the Middle East. The partnership aims to leverage ASP's advisory services for RVNL's projects in various infrastructure sectors including railways, mass transit, roads, airports, and renewable energy. This strategic move marks RVNL's significant step towards international expansion, potentially leading to new revenue streams, knowledge exchange, and portfolio diversification.

06Mar 25

Rail Vikas Nigam Ltd Secures ₹156.4 Crore Contract Amid Q3 Profit Dip

Rail Vikas Nigam Limited (RVNL) has won a ₹156.36 crore EPC contract from South Western Railway for electrification of the Rayadurga-Topavagada section. The project, covering 99.463 route kilometers, includes OHE & PSI system installation and related works with an 18-month completion timeline. However, RVNL's Q3 FY2024 financial results show a 13.1% YoY decrease in net profit to ₹311.6 crore and a 2.6% decline in revenue to ₹4,567.4 crore.

05Mar 25

Rail Vikas Nigam Secures ₹729.82 Crore Contract from HPSEBL for Distribution Infrastructure Development

Rail Vikas Nigam Limited (RVNL) has won a ₹729.82 crore contract from Himachal Pradesh State Electricity Board Limited (HPSEBL) for developing distribution infrastructure in the Central Zone of Himachal Pradesh. The project, part of the Revamped Reforms-based and Results-linked Distribution Sector Scheme, has a 24-month execution timeframe. This contract showcases RVNL's diversification into power distribution sector beyond its core railway infrastructure focus.

04Mar 25

Rail Vikas Nigam Secures ₹729.82 Crore Project from HPSEBL for Distribution Infrastructure Development

Rail Vikas Nigam Limited (RVNL) has been awarded a ₹729.82 crore project by Himachal Pradesh State Electricity Board Limited (HPSEBL) for developing distribution infrastructure in the central zone of Himachal Pradesh. The project, part of the Revamped Reforms-based and Results-linked Distribution Sector Scheme, will focus on loss reduction work. The contract duration is 24 months, and RVNL confirms it's not a related party transaction.

28Feb 25

RVNL Secures ₹135.66 Crore Contract from Central Railway for Traction System Upgrade

Rail Vikas Nigam Limited (RVNL) has won a ₹135.66 crore contract from Central Railway for the Bhusaval-Khandwa section. The project involves designing, supplying, erecting, testing, and commissioning a 132/55 KV Traction Substation and related infrastructure. The 24-month project aims to meet a 3000 MT loading target and enhance freight transportation efficiency.

27Feb 25

RVNL Secures ₹135.66 Crore Order from Central Railway for Traction System Upgrade

Rail Vikas Nigam Limited (RVNL) has been awarded a ₹135.66 crore contract by Central Railway for upgrading the traction system in the Bhusaval - Khandwa section. The project, to be completed in 24 months, involves designing, supplying, erecting, testing, and commissioning of 132/55 KV Traction Substation, Sectioning posts, and Sub sectioning posts in a 2 x 25 KV Traction System. This EPC mode project aims to meet the 3,000 MT loading target and reinforces RVNL's position in India's railway infrastructure development.

24Feb 25

Rail Vikas Nigam Poised to Win ₹156 Crore South Western Railway Project

Rail Vikas Nigam Limited (RVNL) has become the lowest bidder for a major South Western Railway project worth ₹156 crore. The project likely involves railway infrastructure development in Karnataka, Goa, and parts of Andhra Pradesh. If awarded, this contract could significantly boost RVNL's order book and future revenue. The company's position as lowest bidder showcases its competitiveness in securing large-scale government contracts, potentially impacting its market performance positively.

21Feb 25

RVNL Consortium Inks PIA Agreement with BSNL for Telecom Infrastructure Project; Rail Vikas Emerges as Lowest Bidder for South Western Railway Project

Rail Vikas Nigam Limited (RVNL) has signed a Project Implementation Agency Agreement with BSNL for telecom infrastructure in Uttar Pradesh, as part of a consortium with HFCL Limited and Aerial Telecom Solutions. Additionally, RVNL has emerged as the lowest bidder for a South Western Railway project worth 1.56 billion rupees. These developments mark RVNL's expansion into telecom infrastructure while reinforcing its position in the railway sector.

20Feb 25

RVNL Consortium Inks Project Implementation Agreement with BSNL, Bolstering Infrastructure Development

Rail Vikas Nigam Limited (RVNL), in consortium with HFCL and Aerial Telecom Solutions, has signed a Project Implementation Agency agreement with BSNL on February 20, 2025. The agreement covers two packages for UP (West) and UP (East), aiming to enhance telecom infrastructure in these regions. This public-private partnership marks a significant step in RVNL's business expansion in the telecom sector.

19Feb 25

RVNL Secures ₹554.47 Crore Contract for Bengaluru Suburban Rail Project Amid Q3 Profit Dip

Rail Vikas Nigam Limited (RVNL) has won a ₹554.47 crore contract for the Bengaluru Suburban Rail Project, involving the construction of nine stations. The project will be executed through a joint venture with RVNL holding a 51% stake. This positive development comes alongside RVNL's recent financial results, which show a 13.1% year-on-year decrease in net profit to ₹311.6 crore and a 2.6% decline in revenue to ₹4,567 crore for Q3 FY25.

18Feb 25

RVNL Joint Venture Clinches ₹554.47 Crore Contract for Bengaluru Suburban Rail Project

Rail Vikas Nigam Limited (RVNL) and its joint venture partner have won a ₹554.47 crore contract for the Bengaluru Suburban Rail Project. The project involves constructing 9 stations (1 elevated, 8 at-grade) along Corridor-4A, including civil works, structural design, and E&M systems. RVNL holds a 51% stake in the joint venture, with a 24-month execution period for the project.