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
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code