RVNL Share Price in Focus; Receives ₹404.88 Crore Order from East Coast Railway

Rail Vikas Nigam Limited (RVNL) has received a Letter of Acceptance from East Coast Railway for a railway infrastructure project worth ₹404.88 crore, including GST. The letter was issued on September 18, 2026, with the work to be completed over 912 days.  

The project covers several construction and railway-related works connected with the development of a third line on the Bhadrak-Vizianagaram section. The order is part of RVNL's regular business activities.  

Work Covers Third-Line Development 

The contract covers the third line between Nergundi-Barang and Khurda Road-Vizianagaram. The two stretches measure 22 km and 363 km, respectively, while the wider Bhadrak-Vizianagaram section covers 385 km.  

RVNL's responsibilities include roadbed work, minor and major bridges, RUBs and LHS, building works, ballast supply and P-Way linking. The contract also includes utility shifting and related signalling, telecom and electrification work.  

₹404.88 Crore Contract To Run For 912 Days 

The total order value stands at ₹404,88,18,738, including GST. RVNL has 912 days to execute the contract.  

The work also includes power supply arrangements and the shifting or modification of HT and LT lines between Khurda Road and Gangadharpur.  

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RVNL Share Price Performance  

As of 18 September 2026, Rail Vikas Nigam Ltd share price closed at ₹210.19 per share, reflecting a surge of 4.21% from the previous trading session. 

Conclusion 

The ₹404.88 crore order adds another railway infrastructure project to RVNL's current work pipeline. With 912 days available for execution, the contract will cover construction, track-related and supporting infrastructure works across the specified sections. 

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