RVNL Secures Rs 405 Crore East Coast Railway Contract
By Business Desk
Rail Vikas Nigam Limited (RVNL) bags a major Rs 405 crore infrastructure contract from East Coast Railway for third-line railway construction works.
Rail Vikas Nigam Limited has officially announced the receipt of a Letter of Acceptance from the East Coast Railway. The contract, valued at approximately Rs 405 crore, involves the execution of third-line infrastructure works. This project forms a part of the ongoing efforts to enhance railway capacity and connectivity in the region.
Contract Details and Scope
The newly secured order underscores the continued role of Rail Vikas Nigam Limited in executing critical railway infrastructure projects across India. East Coast Railway issued the Letter of Acceptance for the specific task of third-line infrastructure works. Such expansion projects aim to systematically relieve network congestion and improve train transit efficiency.
Infrastructure Growth Context
Rail Vikas Nigam Limited maintains a steady flow of project wins within the domestic railway sector. The latest Rs 405 crore win contributes directly to the current order book pipeline of the entity. Further updates regarding project timelines will depend on subsequent operational milestones set by the East Coast Railway.