RVNL Share Price Up Over 3%; Receives ₹358.97 Crore Project from East Central Railway

Rail Vikas Nigam Limited (RVNL) has received a Letter of Acceptance (LoA) from East Central Railway for a railway infrastructure project worth ₹358.97 crore, including 18% GST, as per the exchange filings. 

Project to Expand Sitamarhi-Raxaul Rail Line 

The contract is for doubling the railway line between Kundawa Chainpur (excluding) and Raxaul (excluding) in Bihar. The section spans 41.04 kilometres and forms part of the Sitamarhi-Raxaul route under the Samastipur Division of East Central Railway.  

The work has been awarded under the Engineering, Procurement, and Construction (EPC) model.  

Civil Works Included in the Contract 

The scope of work covers earthwork, blanketing, construction of minor and major bridges, station buildings, platforms, level crossing works, and other related civil infrastructure.  

The project has been designed for 25T Indian Railway Standard Loading, a specification used for handling higher axle-load freight trains on the network.  

Completion Period Set at 1,095 Days 

According to the filing, the project is to be completed within 1,095 days. East Central Railway has awarded the contract under its general contract conditions.  

RVNL stated that the order has been received in the normal course of business and that the awarding authority is a domestic entity.  

Regulatory Details 

The company said its promoters and promoter group companies do not have any interest in East Central Railway.  

It also clarified that the contract is not a related-party transaction. These disclosures were made as part of the regulatory filing accompanying the announcement of the order.  

Read More: ACME Solar Share Price Surges Over 2% On Securing ₹3,404.57 Crore Project Funding from PFC! 

Rail Vikas Nigam Limited (RVNL) Share Price Performance  

As of July 29, 2026, 1:10 pm, Rail Vikas Nigam Ltd (RVNL) share price was trading at ₹228.00, a 3.01% increase from the previous closing price. 

Conclusion 

RVNL has secured a domestic railway infrastructure contract for track doubling and related civil works on the Sitamarhi–Raxaul section. The order is worth ₹358.97 crore and has a three-year execution timeline. 

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