RVNL Share Price in Focus; Secures Order from NMDC worth ₹2,977 Crore

Rail Vikas Nigam Limited (RVNL) has secured a major contract from NMDC Limited for the development of a buffer stockpile and blending yard facility at Visakhapatnam, Andhra Pradesh. 

The order strengthens RVNL's project portfolio beyond rail infrastructure and expands its presence in industrial and logistics-related infrastructure projects.  

NMDC Awards Large Infrastructure Contract to RVNL 

RVNL received a Letter of Award from NMDC Limited for setting up buffer stockpiles and a blending yard with a handling capacity of 10 million tonnes per annum (MTPA) at Vizag. 

The project has been awarded by a domestic entity and falls within the normal course of business of the company.  

Contract Value Stands at ₹2,977 Crore 

According to the company's filing, the total value of the contract is ₹2,977 crore, including GST at 18%. 

The order represents one of the significant additions to RVNL's order book and highlights its growing execution capabilities in large-scale infrastructure projects.  

Project to Be Executed Over 42 Months 

The company stated that the contract is scheduled to be completed within 42 months. 

The long-duration project is expected to provide sustained revenue visibility and execution opportunities over the coming years.  

Facility To Support Bulk Material Handling Operations 

The project involves the creation of buffer stockpiles and blending infrastructure designed to handle iron ore and related bulk materials efficiently. 

The facility is expected to enhance logistics efficiency and support NMDC's mineral handling operations at the port city of Visakhapatnam.  

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RVNL Share Price Performance 

On 19 June 2026, RVNL share price was closed at ₹244.31 per share, reflecting a decline of 1.32% from the previous trading session. 

Conclusion 

RVNL has secured a ₹2,977 crore contract from NMDC Limited for setting up a 10 MTPA buffer stockpile and blending yard facility at Vizag. The 42-month project strengthens the company's infrastructure order book and expands its presence in industrial logistics and material-handling projects.  

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