RVNL Receives Project Valued at ₹404.88 Crore Approximately

Major Railway Infrastructure Order Covers 385-Km Bhadrak–Vizianagaram Section Rail Vikas Nigam Limited (RVNL) has received a Letter of Acceptance (LOA) from East Coast Railway for a major railway infrastructure project valued at approximately ₹404.88 crore, including GST. The company disclosed the development through an exchange filing dated 19 September 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These works are associated with the execution of the third railway line between Nergundi–Barang (22 km) and Khurda Road–Vizianagaram (363 km) on the Bhadrak–Vizianagaram Section, covering a total stretch of approximately 385 km. The announcement is relevant from an order-flow and business-visibility perspective because RVNL has secured a ₹404.88 crore domestic railway infrastructure project from East Coast Railway. However, the order announcement by itself does not establish its eventual impact on revenue or profitability. Investors should track project execution, revenue recognition, margins, cash flows, working-capital requirements and subsequent order inflows when assessing the broader financial implications.