‹ All Posts
Pyrifera Investment Advisors

10th Jan · SEBI-Registered Analyst

RVNL Bags ₹201.23 Crore Wagon Overhaul Project in Odisha

Rail Vikas Nigam Limited (RVNL) has received a Letter of Acceptance (LoA) from East Coast Railway to set up a wagon Periodical Overhauling (POH) workshop at Kantabanji, Odisha, valued at ₹201.23 crore (ex-GST). The facility will have a capacity to overhaul 200 wagons annually and must be completed within 18 months. RVNL emerged as the sole bidder, highlighting its specialized expertise in railway infrastructure. The project will enhance freight rail efficiency and safety under the broader modernization of Indian Railways' maintenance network. Classified as a domestic, non-related party contract, this award strengthens RVNL’s order book and reinforces its role as a key player in executing critical rail infrastructure projects across India.

RVNL

#StockInNews#WatchOutFor#FundamentalViews#TrendingSectors
1,065 likes·45 comments