
Rail Vikas Nigam Limited (RVNL) has received a Letter of Acceptance (LOA) from Central Railway for a significant infrastructure project aimed at strengthening railway electrification and freight capacity.
The domestic contract has been awarded under Tender No: PUNE-TDC-2025-EPC-05 and will be executed on an Engineering, Procurement and Construction (EPC) mode.
The project involves the Design, Supply, Erection, Testing, and Commissioning of a 220/132/55 KV Traction Substation, along with Sectioning Posts (SPs) and Sub-Sectioning Posts (SSPs), under the 2 x 25 KV Traction System (Scott Connected Transformer).
The work will be carried out in the Daund–Solapur section of Central Railway. The upgraded traction infrastructure is aimed at meeting a freight loading target of 3,000 million tonnes (MT), significantly enhancing operational efficiency and power reliability in the section.
The total cost of the project stands at ₹270.22 crore (₹270,22,24,735.83), including applicable taxes. The contract is to be executed within a period of 24 months. As a domestic order, it reinforces RVNL’s strong order book in railway electrification and infrastructure modernisation projects across India.
On February 25, 2026, RVNL share price opened at ₹324.00, up from its previous close of ₹321.65. At 12:47 PM, the share price of RVNL was trading at ₹321.65, down by 1.43% on the NSE.
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The award of this ₹270 crore EPC contract further strengthens RVNL’s position as a key player in railway infrastructure development. By enhancing traction power systems in the Daund–Solapur corridor, the project will support higher freight capacity, improved efficiency, and long-term growth of Indian Railways’ logistics capabilities.
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Published on: Feb 25, 2026, 12:52 PM IST

Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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