Rail Vikas Nigam Limited (RVNL) has recently been awarded significant contracts from NMDC Limited and West Central Railway, marking notable developments in its business operations.
On May 22, 2026, RVNL announced it had secured a contract from NMDC Limited. The project involves the development of a railway siding near Padapur Village, including bridges, PWD road diversion, and associated civil works.
The contract also covers the preparation of a Feasibility Study Report (FSR), Detailed Project Report (DPR), detailed engineering, execution, and Project Management Consultancy (PMC) services for capacity expansion at Bacheli.
This domestic contract is valued at ₹758.07 crore, inclusive of 18% GST, and is expected to be completed within 36 months.
In another development, RVNL emerged as the lowest bidder for a project from West Central Railway.
The project entails the design, modification, supply, erection, testing, and commissioning of a 132kV/55kV Scott connected Traction Sub Station and switching posts between Itarsi and Shridham in the Jabalpur Division.
This contract is part of the upgradation of the electric traction system from 1x25kV to 2x25kV to meet a 3,000 MT loading target. The project, valued at ₹244,32,90,181.97, is to be executed over 18 months.
Both contracts align with RVNL's strategic objectives and are part of its regular business activities.
The company has clarified that neither contract involves related party transactions or interest from promoter groups.
Read More: RVNL Share Price in Focus; Emerges Lowest Bidder For ₹164.18 Crore East Coast Railway Project!
As of May 22, 2026, at 1:26 PM, Rail Vikas Nigam share price on NSE was trading at ₹273.00 up by 0.83% from the previous closing price.
Rail Vikas Nigam Limited's recent contracts with NMDC Limited and West Central Railway highlight its ongoing involvement in significant infrastructure projects. These contracts, valued at ₹758.07 crore and ₹244,32,90,181.97 respectively, underscore RVNL's role in advancing India's railway infrastructure.
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Published on: May 22, 2026, 1:52 PM IST
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