RVNL Secures Rs 242.49 Crore Railway Electrification Order from South Central Railway

Prajwal DSIJ / 03 Apr 2026 / Categories: Mindshare, Trending

RVNL Secures Rs 242.49 Crore Railway Electrification Order from South Central Railway

In terms of returns, the stock has delivered -27.11 per cent over 1 year, -1.13 per cent over 2 years and 246.66 per cent over 3 years.

Rail Vikas Nigam Limited (RVNL) has received a Letter of Acceptance (LOA) from South Central Railway for the upgradation of overhead electrification infrastructure in the Vijayawada Division.

The contract involves the design, supply, erection, testing and commissioning for upgrading the existing 1x25kV electrification system to a 2x25kV AT Feeding System. The scope of work also includes feeder and earthing works. The project covers the Ongole (OGL)–Gudur (GDR) section spanning 154 route kilometres (RKM) or 462 track kilometres (TKM).

The order has been awarded by a domestic entity under South Central Railway and is valued at Rs 242,49,86,547.22, including applicable Taxes. The project is scheduled to be completed within a period of 24 months. RVNL stated that the order was secured in the normal course of business and clarified that neither its promoter group nor group companies have any interest in the awarding entity. The company also confirmed that the contract does not fall under related party transactions.

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Rail Vikas Nigam Limited is a Schedule ‘A’ NavRatna public sector Construction company under the Ministry of Railways. It was incorporated on January 24, 2003, and is listed on both the National Stock Exchange and the Bombay Stock Exchange. As of March 31, 2025, the President of India, through the Ministry of Railways, holds 72.84 per cent equity in the company.

RVNL undertakes rail infrastructure projects on a turnkey basis, covering activities from conceptualisation to commissioning. Its portfolio includes doubling of tracks, gauge conversion, new line development, railway electrification, construction of major bridges, workshops, production units and metro projects.

The company operates through 29 Project Implementation Units across 25 locations in India. It also has project units in Maldives and Rwanda, along with subsidiaries in South Africa, Oman, Dubai, Uzbekistan and the Kingdom of Saudi Arabia. As of March 2025, RVNL has completed 157 projects and is currently implementing 120 projects out of a total of 279 assigned projects.

In the stock market, Rail Vikas Nigam Ltd. was trading at Rs 260.85 as of April 2, 2026, 3:47 PM, compared to its previous close of Rs 262.6, reflecting a 1-day decline of 0.67 per cent. The stock’s 52-week range stands between Rs 432.00 and Rs 249.65. In terms of returns, the stock has delivered -27.11 per cent over 1 year, -1.13 per cent over 2 years and 246.66 per cent over 3 years.

Disclaimer: The article is for informational purposes only and not investment advice.