RVNL Share Price Surge Over 9% on ₹115.8 Crore Contract from Central Railway

Rail Vikas Nigam Limited (RVNL), a government-owned infrastructure company under the Ministry of Railways, has recently announced the receipt of a significant contract from Central Railway. 

The order, valued at ₹115.8 crore, pertains to the modernisation of the Overhead Equipment (OHE) system, forming part of RVNL’s regular business operations aimed at enhancing railway efficiency and capacity.

Project Details

The scope of the contract awarded to RVNL includes modification work for the Overhead Equipment (OHE) in the Itarsi-Amla section within the Nagpur Division of Central Railway. 

Specifically, the project entails the upgradation of the existing 1x25 kV electric traction system to a more advanced 2x25 kV system. This transition is essential to meet the Central Railway’s target of accommodating 3000 metric tonnes of freight loading capacity. The timeline for this project is 24 Months.

Such enhancements are crucial in ensuring improved operational efficiency, reduced transmission losses, and higher power availability, ultimately contributing to the strategic goal of freight corridor development and increased rail throughput.

Significance and Implications

This development reaffirms RVNL's expertise and vital role in implementing large-scale railway electrification projects. By winning this contract, RVNL continues to contribute to the government’s infrastructure vision while strengthening its own project portfolio.

The awarded project also reflects the growing focus on modernising India’s railway network through technological upgrades, particularly in electrification, which is critical for reducing dependence on fossil fuels and improving sustainability.

Read More: RVNL as L1 Bidder for ₹143.37 Crore Southern Railway Electrification Project!

RVNL Share Performance 

As of May 16, 2025, at 10:40 AM, RVNL share price is trading at ₹410.50 per share, a surge of 9.10% from the previous closing price. Over the past month, the stock has surged by 11.84%

Conclusion

The awarding of the ₹115.8 crore contract by Central Railway to RVNL is a strategic move towards bolstering railway infrastructure in the country. With this project, RVNL not only cements its position as a leading player in rail infrastructure development but also aids in enhancing the operational capabilities of Indian Railways.
 

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