+
RVNL Secures Rs 1.43 Billion Contract to Upgrade Salem Division Traction
RAILWAYS & METRO RAIL

RVNL Secures Rs 1.43 Billion Contract to Upgrade Salem Division Traction

Rail Vikas Nigam Ltd. (RVNL) has signed a letter of agreement (LoA) for a Rs 1.43 Billion contract with South Central Railway to upgrade the electric traction system in the Salem division of Southern Railway, according to a stock exchange filing dated 5 July.

The project involves upgrading the electric traction system from a 1x25 kV to a 2x25 kV system along the routes Salem Junction–Podanur Junction and Irugur–Coimbatore Junction–Podanur Junction. This enhancement will enable Southern Railway to meet its 3,000 metric tonne loading target.

The contract value of Rs 1.43 Billion includes taxes and is scheduled for completion within 24 months.

Earlier, on 30 June, RVNL emerged as the lowest bidder for a Rs 2.22 billion order from South Central Railway. Despite a subdued performance in FY25, the state-run firm reaffirmed its revenue guidance for the ongoing fiscal at Rs 200 to Rs 220 billion.

“We expect to achieve the FY26 revenue guidance as several large projects secured through bidding are now underway,” MP Singh, Director of Operations at RVNL, told CNBC-TV18 in May.

RVNL’s shares closed flat at Rs 391.2 on Friday, 4 July, at the NSE.

Rail Vikas Nigam Ltd. (RVNL) has signed a letter of agreement (LoA) for a Rs 1.43 Billion contract with South Central Railway to upgrade the electric traction system in the Salem division of Southern Railway, according to a stock exchange filing dated 5 July.The project involves upgrading the electric traction system from a 1x25 kV to a 2x25 kV system along the routes Salem Junction–Podanur Junction and Irugur–Coimbatore Junction–Podanur Junction. This enhancement will enable Southern Railway to meet its 3,000 metric tonne loading target.The contract value of Rs 1.43 Billion includes taxes and is scheduled for completion within 24 months.Earlier, on 30 June, RVNL emerged as the lowest bidder for a Rs 2.22 billion order from South Central Railway. Despite a subdued performance in FY25, the state-run firm reaffirmed its revenue guidance for the ongoing fiscal at Rs 200 to Rs 220 billion.“We expect to achieve the FY26 revenue guidance as several large projects secured through bidding are now underway,” MP Singh, Director of Operations at RVNL, told CNBC-TV18 in May.RVNL’s shares closed flat at Rs 391.2 on Friday, 4 July, at the NSE.

Next Story
Building Material

Viva ACP Launches Experience Centre in Nashik

Viva ACP, one of Asia’s leading manufacturers of Metal Composite Panels (MCP), has unveiled a new state-of-the-art Experience Centre in Nashik. Situated at Plot No. 10, Kathe Industrial Estate, Tigrania Road, Dwarka, the centre aims to make Viva’s premium cladding solutions more accessible to architects, developers, and design professionals in Western India. The centre was formally inaugurated by Prakash Jain, Chairman and Managing Director, Viva Composite Panel, along with Nitin Jain and Mayank Jain, Directors at the company. Conceptualised as an interactive and immersive space,..

Next Story
Technology

Hikrobot Launches HDMI Video Micro System in India

India, July 2025: Hikrobot has introduced its HDMI Video Micro System in the Indian market, offering a plug-and-play imaging solution that combines 2K high-definition clarity, real-time streaming, and portability. The system is designed for professionals in sectors such as industrial inspection, medical research, forensic science, education, and precision manufacturing. Unlike traditional imaging setups that require external PCs and complex software, the Hikrobot HDMI Video Micro System provides direct output to an HDMI display, eliminating setup complications and improving usability.&nbs..

Next Story
Real Estate

Stone Wood Hotels Appoints Shishir Kumar Jena as CFO

Stone Wood Hotels & Resorts has announced the appointment of Shishir Kumar Jena as Chief Financial Officer. This key leadership move aligns with the boutique hospitality group’s ongoing national expansion. Shishir Kumar Jena brings over 32 years of experience in hospitality finance, having held senior positions with renowned brands such as Acron, Radisson, and Fortune Inn Exotica. His expertise spans financial strategy, operational efficiency, revenue optimisation, and aligning financial performance with guest satisfaction. Throughout his career, Jena has maintained a consisten..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?