Siemens Secures ₹263 Crore RVNL Contract for Rishikesh-Karnaprayag Railway Project

Written by: Team Angel OneUpdated on: 13 Jul 2026, 9:29 pm IST
Siemens has secured a ₹263 crore order from RVNL to install rail electrification systems across 102.5 track kilometres in Uttarakhand.
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Siemens Ltd has secured an order worth approximately ₹263 crore from Rail Vikas Nigam Ltd (RVNL) for the Rishikesh-Karnaprayag railway line in Uttarakhand, as per news reports.  

The contract is for railway electrification works on a section of the line that is currently under construction. 

The Rishikesh-Karnaprayag project is one of the major railway infrastructure projects being executed in Uttarakhand as part of the Char Dham connectivity programme. 

Work Across Multiple Railway Sections 

The order includes the supply and installation of rigid overhead catenary systems (ROCS) and flexible overhead catenary systems (FOCS) over about 102.5 track kilometres.  

The systems will be installed across tunnels, bridges, station yards, open track sections, and related railway infrastructure. 

ROCS is generally used inside tunnels because it occupies less space and requires lower maintenance. FOCS is commonly installed on open railway stretches where conventional overhead equipment is suitable. 

Railway Project in Himalayan Region 

The Rishikesh-Karnaprayag rail line passes through mountainous terrain and has been planned to improve rail connectivity in parts of Uttarakhand.  

Road transport in the region is often affected during heavy rainfall and landslides, making rail infrastructure an additional transport option. 

According to Siemens, the railway line is expected to provide all-weather connectivity, improve passenger movement, and support transport needs for residents and visitors travelling through the region. 

Company's Remarks 

Rajeev Joisar, Chief Executive Officer of Siemens Ltd's Mobility Business, said the project is being executed in one of the country's most challenging railway environments.  

He said the order adds to the company's work in rail electrification and follows earlier installations of rigid overhead catenary systems on railway projects in India. The company did not disclose the execution timeline for the order. 

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Siemens Ltd Share Price Performance  

As of July 13, 2026, 2:06 pm, Siemens Ltd share price was trading at ₹3,475.80, down 0.59% from the previous closing price. 

Conclusion 

The ₹263 crore order covers the supply and installation of overhead electrification systems across approximately 102.5 track kilometres. The project will be executed for RVNL as work on the Rishikesh-Karnaprayag railway line progresses. 

For daily market updates and regular stock market news in Hindi, stay tuned to Angel One's share market news in Hindi. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jul 13, 2026, 3:58 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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