RVNL Share Price in Focus; Emerges Lowest Bidder For ₹164.18 Crore East Coast Railway Project

Rail Vikas Nigam Limited (RVNL) has secured the lowest bidder (L1) position for a railway signalling and reliability enhancement project awarded by East Coast Railway.  

The project focuses on improving operational reliability across multiple stations under the KUR division and forms part of the company’s regular business activities. 

RVNL Secures L1 Status from East Coast Railway 

RVNL informed exchanges that it has emerged as the Lowest Bidder (L1) for a project floated by East Coast Railway.  

The contract relates to the provision of MSDAC systems to enhance reliability in the Automatic Block Signalling (ABS) section extending from MZY to KUR and at several stations within the KUR division. 

According to the company, the work falls within the normal course of business and will be executed under the general conditions of contract applicable to the project. 

Scope Includes Signalling Upgrades Across Multiple Stations 

The project involves the provision of MSDAC to improve reliability in the ABS section from MZY to KUR and at stations including RJGR, JRZ, SSPR, DNKL, HND and TLHD.  

The work also includes alterations in electronic interlocking systems supplied by various technology providers at different locations. 

The scope covers modifications involving Hitachi Rail STS India Pvt Ltd systems at BBS, Medha Servo Drives installations at HND, BBSN, MCS and TLHD, Siemens Rail Automation systems, Westrace MK-II systems at RJGR, SSPR, DNKL, MZY, GJTA, CBT, SQQ, NRG and CTC, additional Westrace MK-I works at BRAG and RTN, and Kyosan systems at JRZ station. 

These upgrades are intended to strengthen signalling reliability and operational efficiency across the affected rail sections. 

Contract Value and Execution Timeline 

East Coast Railway has awarded the project to a domestic entity, with RVNL emerging as the successful L1 bidder. The contract carries a value of ₹164,18,63,783.67 (approximately ₹164.18 crore). 

The execution period for the project has been specified as 18 months. The company also clarified that neither its promoter nor promoter group entities have any interest in the awarding authority and that the contract does not constitute a related-party transaction. 

Read More: RVNL Share Price in Focus on Securing ₹39.21 Crore Order from NMDC! 

RVNL Share Price Performance 

As of 20 May 2026, at 3:30 PM, RVNL share price closed at ₹269.60 per share, reflecting a decline of 0.72% from the previous closing price. 

Conclusion 

The L1 position for the ₹164.84 crore East Coast Railway signalling project strengthens RVNL’s order pipeline in the railway infrastructure segment. The project is expected to support improved signalling reliability and operational performance across important sections of the East Coast Railway network. 

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