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Harika Enjamuri

24th Mar 2025 · SEBI-Registered Analyst

Rail Vikas Nigam Secures ₹115.8 Crore Central Railway Contract for Nagpur Division

RVNL
has won a ₹115.79 crore contract from Central Railway’s Nagpur division to upgrade the 1x25 KV electric traction system to a 2x25 KV system in the Itarsi-Amla section, supporting a 3,000 MT loading target. The project will be executed over 24 months. Additionally, RVNL, in partnership with HFCL Ltd and Aerial Telecom Solutions, has signed a ₹13,253 crore agreement with BSNL to develop and maintain the BharatNet middle-mile network. This project includes a three-year construction phase and a 10-year maintenance period, with fees set at 5.5% of capex for the first five years and 6.5% for the next five. BharatNet aims to expand broadband access in rural India, supporting the Digital India mission and driving economic growth. Follow me for more such updates, Thank You!

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