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RVNL Bags ₹165.04 Crore Bridge Construction Order from North Eastern Railway
Rail Vikas Nigam Limited (RVNL) has received a Letter of Award from North Eastern Railway for a bridge construction project over the Gandak River. The contract is valued at approximately ₹165.04 crore and involves the construction of the substructure for Bridge No. 50. This project is part of the doubling work between Gorakhpur Cantt and Valmikinagar. The company is expected to complete the execution of this domestic contract within a 24-month period.
Key Highlights
Total contract value is ₹165,04,33,673.76 inclusive of GST.
Project involves construction of substructure for Bridge No. 50 with Double D type well foundation.
The execution timeline for the project is 24 months.
The contract was awarded by North Eastern Railway for the Paniyahwa-Valmikinagar section.
💼 Action for Investors
Investors should view this as a positive addition to RVNL's robust order book, reinforcing its leadership in railway infrastructure. Maintain a focus on the company's ability to execute its growing pipeline within stipulated timelines.
RVNL Receives ₹145.34 Crore Order from Southern Railway
Rail Vikas Nigam Limited (RVNL) has received a Letter of Acceptance (LOA) from Southern Railway for a project involving the design, supply, erection, testing, and commissioning of traction sub stations. The project, valued at ₹145.34 crore, is for the Jolarpettai Jn. - Salem Jn. section of the Salem Division. This order is part of Southern Railway's mission to achieve a 3000MT loading target. The project is expected to be completed in 540 days.
Key Highlights
Received LOA from Southern Railway
Project value: ₹145,34,66,865.48
Project duration: 540 days
Project involves 2x25 KV AT Feeding System and SCADA & Automatic Fault Locator (AFL)
💼 Action for Investors
Investors should monitor RVNL's progress on this project and its impact on the company's revenue and profitability. Keep an eye on future order wins and project execution timelines.