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InvestAce Capital

4th Sep · SEBI-Registered Analyst

RVNL: ₹405 Cr East Coast Railway Contract Win

RVNL
is in focus after emerging as the lowest bidder for a ₹405 crore contract from East Coast Railway for infrastructure development related to a third railway line between Khurda Road and Gangadharpur. The project includes construction of roadbeds, bridges and buildings, along with the supply of ballast, permanent-way linking and the shifting or installation of signalling, telecommunication and electrification systems. The project is scheduled to be completed within 30 months and forms part of the broader development of additional railway capacity along the Bhadrak–Vizianagaram section. The order adds to RVNL’s railway infrastructure project pipeline and provides another project for the company to execute. Investors will track the project’s execution and its contribution to the company’s order book and future revenue visibility.

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