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.
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.
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.
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.
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.
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.
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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Published on: Jun 20, 2026, 11:33 AM IST
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