RVNL Share Price in Focus; Emerges as the Lowest Bidder for South Central Railway Project
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Rail Vikas Nigam Limited (RVNL) has secured the lowest bidder (L1) position for a major railway electrification contract awarded by South Central Railway, reinforcing its strong execution capabilities in railway infrastructure development.
Key Development
The project involves the design, supply, erection, testing, and commissioning of overhead equipment (OHE) upgradation from the existing 1×25 kV system to a 2×25 kV auto-transformer feeding system.
The work will be executed along the Ongole-Gudur section of the Vijayawada Division, covering a total stretch of 154 route kilometres and 462 track kilometres. The contract value stands at ₹242.49 crore (₹242,49,86,547.22), inclusive of applicable taxes, and the execution timeline has been fixed at 24 months.
Project Scope and Execution
The scope includes installation of feeder lines, earthing works, and modern traction infrastructure to enhance power transmission efficiency and operational reliability across the section.
The project is part of RVNL’s normal course of business and is expected to contribute to improved railway electrification standards and higher operational efficiency on this strategic route.
Read More: RVNL Share Price in Focus on Securing ₹201.23 Crore Wagon Workshop Order from East Coast Railway!
RVNL Share Price Performance
As of January 28, 2026, at 9:16 AM, RVNL share price is trading at ₹330.60 per share, reflecting a surge of 2.07% from the previous closing price.
Conclusion
By emerging as the L1 bidder for this significant contract, RVNL continues to strengthen its presence in large-scale railway electrification projects, supporting India’s broader rail modernisation and infrastructure expansion agenda.
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Published on: Jan 28, 2026, 10:35 AM IST

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