RVNL Secures Rs 2.1 Bn Railway Project

11 Feb 2025 CW Team

Rail Vikas Nigam Limited (RVNL) has emerged as the lowest bidder (L1) for a significant railway project valued at approximately Rs 2 billion. The order, announced after market hours on Friday, has been awarded by the South Eastern Railway for the upgradation of the electric traction system from 1x25 KV to 2x25 KV in the Kharagpur-Tatanagar section of the Kharagpur or Chakradharpur division. The project is part of efforts to meet a loading target of 3,000 MT. Project Details: • Scope: Design, supply, erection, testing, and commissioning of the upgraded traction system. • Project Cost: Rs 21 billion (including applicable taxes). • Execution Timeline: 24 months. • Tender Reference: SER-OHE-KGP-TATA-225KV. SBI Securities analysts view the development as positive for RVNL in the short term, reflecting its robust position in securing high-value projects. The order enhances RVNL’s revenue visibility and demonstrates its capability to execute technically demanding railway projects. Key Highlights: • The order marks another milestone for RVNL in contributing to the modernisation of Indian Railways. • It underscores RVNL’s competitive bidding strategy and operational excellence. • The project aligns with government efforts to strengthen railway infrastructure and freight capabilities.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..