RVNL Bags ₹903 Crore Order, Strengthens Order Book
RVNL
RVNL Bags ₹903 Crore Order, Strengthens Order Book
Rail Vikas Nigam Limited (RVNL) has received a ₹903 crore Letter of Award from SJVN Thermal for work related to the 1,320 MW Buxar Thermal Power Project in Bihar.
The project includes construction of a permanent railway siding and aerial track connection, adding to RVNL’s growing infrastructure order pipeline.
The company has also recently emerged as the lowest bidder for a ₹404.88 crore East Coast Railway project, further strengthening its railway infrastructure portfolio.
The steady flow of new orders provides better revenue visibility and long-term growth prospects for RVNL, keeping the stock in focus among railway and infrastructure companies.
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