RVNL secures Rs 284 cr work order from East Coast Railway
RAILWAYS & METRO RAIL

RVNL secures Rs 284 cr work order from East Coast Railway

State-owned Rail Vikas Nigam Limited (RVNL) announced that it has won a work order from East Coast Railway for construction projects in Odisha, emerging as the lowest bidder. The order, valued at Rs 283.69 crore, is expected to be completed within 24 months, according to a filing with stock exchanges.

The work includes the construction of the 3rd and 4th lines between Jarapada and Talcher Road, as well as a new line connecting Angul to Balram (MCRL Inner Corridor Phase-I Doubling for 14 kilometers). The scope covers earthworks, minor and major bridges, track linking works, supply of ballast, signaling and telecommunications buildings, level crossings, and other miscellaneous works between Jarapada and Talcher Road, excluding station yards. It also includes works between Angul and Balram, including yard construction for MCRL Inner Corridor Phase-I Doubling.

RVNL, which operates under the Ministry of Railways, was awarded 'Navratna' status last year, allowing it to invest up to ?1,000 crore without needing central government approval. The company was incorporated as a public sector undertaking (PSU) on January 24, 2003, with the aim of enhancing railway infrastructure capacity. It received 'Mini-Ratna' status in September 2013.

In 2024, RVNL's shares have surged approximately 190%, and over the past 12 months, they have increased by around 205%.

State-owned Rail Vikas Nigam Limited (RVNL) announced that it has won a work order from East Coast Railway for construction projects in Odisha, emerging as the lowest bidder. The order, valued at Rs 283.69 crore, is expected to be completed within 24 months, according to a filing with stock exchanges. The work includes the construction of the 3rd and 4th lines between Jarapada and Talcher Road, as well as a new line connecting Angul to Balram (MCRL Inner Corridor Phase-I Doubling for 14 kilometers). The scope covers earthworks, minor and major bridges, track linking works, supply of ballast, signaling and telecommunications buildings, level crossings, and other miscellaneous works between Jarapada and Talcher Road, excluding station yards. It also includes works between Angul and Balram, including yard construction for MCRL Inner Corridor Phase-I Doubling. RVNL, which operates under the Ministry of Railways, was awarded 'Navratna' status last year, allowing it to invest up to ?1,000 crore without needing central government approval. The company was incorporated as a public sector undertaking (PSU) on January 24, 2003, with the aim of enhancing railway infrastructure capacity. It received 'Mini-Ratna' status in September 2013. In 2024, RVNL's shares have surged approximately 190%, and over the past 12 months, they have increased by around 205%.

Next Story
Infrastructure Urban

Aadhaar Authentications Cross 27 Billion in FY25

Aadhaar authentication transactions surged past 27.07 billion in FY 2024–25, including 2.47 billion in March alone, reflecting its growing adoption across sectors such as banking, finance, telecom, and public service delivery. Since its inception, the cumulative number of Aadhaar authentication transactions has exceeded 148 billion.The Unique Identification Authority of India’s (UIDAI) AI/ML-based face authentication technology is also witnessing a sharp rise in usage. In March 2025 alone, over 150 million face authentication transactions were recorded. This biometric modality is now used ..

Next Story
Infrastructure Urban

IEPFA Holds Preparatory Meet for 'Niveshak Shivir' Initiative

The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, Government of India, hosted a preparatory meeting on April 28, 2025, with Nodal Officers from stakeholder companies via video conference. The session, chaired by IEPFA CEO Smt. Anita Shah Akella, focused on finalising operational plans for the upcoming ""Niveshak Shivir"" initiative—a joint effort between IEPFA and the Securities and Exchange Board of India (SEBI).""Niveshak Shivir"" aims to improve investor services and streamline the claims process by reaching out to cities with a high nu..

Next Story
Infrastructure Urban

India, France Sign Deal for 26 Rafale-Marine Jets for Navy

India and France have signed an Inter-Governmental Agreement (IGA) for the acquisition of 26 Rafale-Marine aircraft for the Indian Navy, comprising 22 single-seater and four twin-seater jets. The deal also includes training systems, simulators, associated equipment, weapons, and performance-based logistics, along with additional equipment for the Indian Air Force’s existing Rafale fleet.The IGA was signed by India’s Defence Minister Rajnath Singh and French Minister of Armed Forces Sébastien Lecornu. The agreement, along with supply protocols for aircraft and weapons, was exchanged in the..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?