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MBA Investmentwala

9 mins ago · SEBI Registration INH000011185

RVNL Receives ₹404.88 Crore East Coast Railway Order

RVNL
Rail Vikas Nigam Limited (RVNL) has received a Letter of Acceptance (LOA) worth ₹404.88 crore, including GST, from East Coast Railway for multiple railway infrastructure works. Project Scope The project is part of the third-line works on the Bhadrak–Vizianagaram section, covering: Roadbed construction Minor and major bridges Road Under Bridges (RUBs) and Limited Height Subways (LHS) Building works Ballast supply and permanent-way linking Utility shifting Signalling and telecommunication works Electrification, power supply and HT/LT line modifications The broader corridor covers 385 km, comprising 22 km between Nergundi–Barang and 363 km between Khurda Road–Vizianagaram. Execution Timeline The project is scheduled to be completed within 912 days, or approximately 2.5 years, from the Letter of Acceptance. The contract is a domestic order and falls within RVNL's normal course of business. The latest LOA formalises the ₹404.88 crore project after RVNL had earlier emerged as the lowest bidder (L1) for the package.

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