RVNL Wins ₹405 Cr East Coast Railway Project

: RVNL has received a Letter of Acceptance (LOA) from East Coast Railway for a project worth ₹404.88 crore including GST. The contract covers execution of roadbed works, minor and major bridges, RUBs/LHS, building works, ballast supply, P. Way linking and other allied railway infrastructure works. The scope also includes utility shifting and S&T and electrification works, including power supply arrangements and modification or shifting of HT and LT lines. The project is associated with the development of the third railway line between Nergundi-Barang and Khurda Road-Vizianagaram on the Bhadrak-Vizianagaram section. The broader section spans around 385 km, while the specified project covers the Khurda Road-Gangadharpur stretch. The order strengthens RVNL’s railway infrastructure order book and provides additional execution and revenue visibility. Stock Commentary – RVNL RVNL – POSITIVE (8/10): The ₹404.88 crore East Coast Railway LOA strengthens RVNL’s order book and provides incremental revenue visibility. The broad scope covering civil, bridge, P. Way, S&T and electrification works supports RVNL’s integrated railway infrastructure capabilities.