RVNL wins Rs 2.03 billion project contract from South Eastern Railway

11 Jul 2024 CW Team

Rail Vikas Nigam Limited (RVNL), a public sector enterprise, announced that it has emerged as the lowest bidder for a contract worth Rs 2.03 billion from the South Eastern Railway. The project involves the design, supply, erection, testing, and commissioning of certain power systems on the Kharagpur-Bhadrak section of the Kharagpur division. The contract specifies the establishment of a 132 KV Traction Substation, Sectioning Posts (SPs), and Sub-sectioning Posts (SSPs) in a 2x25KV System along the Kharagpur-Bhadrak section. The project is expected to be completed within 18 months; the company informed stock exchanges in a filing. In a separate development, RVNL signed a Memorandum of Understanding (MoU) with the Delhi Metro Rail Corporation (DMRC) this month. The agreement outlines collaboration and joint efforts as a Project Service Provider for design, construction, and consultancy projects both in India and abroad. Last month, RVNL secured a Rs 1.91 billion contract from the South Eastern Railway and received a Letter of Acceptance from Eastern Railway for constructing a bypass line in Sitarampur, under the Asansol Division, valued at Rs 3.91 billion.

Under the Ministry of Railways, RVNL was granted 'Navratna' status last year, allowing the company to invest up to Rs 10 billion without needing approval from the central government. Incorporated as a PSU on January 24, 2003, RVNL's primary objective is to implement projects for the creation and augmentation of rail infrastructure capacities. The company was granted Mini-Ratna status in September 2013.

In 2024, RVNL's shares have risen by approximately 200%, and over the past 12 months, they have surged around 350%.

(Source: ET)

Infrastructure Urban

03 Nov 2025

Vice-President Backs Global Unity at IN-STEP 2025

Vice-President of India, Shri C. P. Radhakrishnan, addressed delegates at the 3rd edition of the International Strategic Engagement Programme (IN-STEP) held at the Vice-President’s Enclave in New Delhi. IN-STEP serves as a key dialogue platform for senior national security officers from India and friendly foreign nations. The current edition hosts 44 delegates, including 32 international participants representing 24 Global South countries. Commending the joint efforts of the National Defence College, National Security Council Secretariat, Ministry of External Affairs, and Ministry of Defen..

India to Host Global Maritime Events in Visakhapatnam

India will host three major international maritime events in February 2026 at Visakhapatnam — the International Fleet Review (IFR) 2026, Exercise MILAN 2026, and the Indian Ocean Naval Symposium (IONS) Conclave of Chiefs. Scheduled from 15 to 25 February 2026, this marks the first time India will conduct all three significant maritime gatherings simultaneously. The events embody Prime Minister Shri Narendra Modi’s MAHASAGAR vision — Mutual and Holistic Advancement for Security and Growth Across Regions — announced in 2025. The MAHASAGAR framework extends India’s SAGAR (Security and ..

Heavy Industries Ministry Frees 4.4 Million Sq Ft Under SCDPM 5.0

Inspired by the Prime Minister’s vision to institutionalise Swachhata and clear long-pending matters, the Ministry of Heavy Industries (MHI), along with its Central Public Sector Enterprises (CPSEs) and Autonomous Bodies (ABs), actively participated in the fifth consecutive year of the Special Campaign for Disposal of Pending Matters (SCDPM) 5.0, held from 2 to 31 October 2025. Throughout the campaign, MHI worked closely with the Department of Administrative Reforms and Public Grievances, reporting daily progress on a dedicated monitoring portal. Shri Bhupathi Raju Srinivasa Varma, Minister..