+
Rail Vikas Nigam Wins Rs 2.72 Bn Central Railway Project
RAILWAYS & METRO RAIL

Rail Vikas Nigam Wins Rs 2.72 Bn Central Railway Project

Rail Vikas Nigam Ltd (RVNL) has emerged as the lowest bidder for a Central Railway contract valued at over Rs 2.72 billion, further strengthening its project pipeline for FY 2025–26.
The project involves the design, supply, testing, and commissioning of traction substations, sectioning posts (SPs), and sub-sectioning posts (SSPs) across the Daund–Solapur sections of Central Railway. The EPC-based contract is to be executed within 24 months and aims to meet a 3,000 MT loading target.
RVNL clarified that neither its promoters nor promoter group have any interest in Central Railway, and the contract does not fall under related-party transactions.
At around 1:27 PM, RVNL shares were trading marginally lower at Rs 317.70 on the NSE, compared with the previous close of Rs 317.80. The counter recorded an intraday high of Rs 319.80 and a low of Rs 314.
The latest contract follows three orders bagged in October, including a major Rs 1655 million infrastructure project from North Eastern Railway under regular business operations.  

Rail Vikas Nigam Ltd (RVNL) has emerged as the lowest bidder for a Central Railway contract valued at over Rs 2.72 billion, further strengthening its project pipeline for FY 2025–26.The project involves the design, supply, testing, and commissioning of traction substations, sectioning posts (SPs), and sub-sectioning posts (SSPs) across the Daund–Solapur sections of Central Railway. The EPC-based contract is to be executed within 24 months and aims to meet a 3,000 MT loading target.RVNL clarified that neither its promoters nor promoter group have any interest in Central Railway, and the contract does not fall under related-party transactions.At around 1:27 PM, RVNL shares were trading marginally lower at Rs 317.70 on the NSE, compared with the previous close of Rs 317.80. The counter recorded an intraday high of Rs 319.80 and a low of Rs 314.The latest contract follows three orders bagged in October, including a major Rs 1655 million infrastructure project from North Eastern Railway under regular business operations.  

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code