RVNL Bags South Central Railway Contract
RVNL Bags South Central Railway Contract For ₹242 Crores.
Rail Vikas Nigam Limited (RVNL), a Navratna PSU, under the administrative control of the Ministry of Railways, on April 2, 2026, announced that,
The Company has received an LOA contract from the South Central Railway, a domestic entity, under General Contract Conditions. Source: BSE.
Contract Details
According to the exchange data, RVNL has bagged a contract for the Design, Supply, Erection, Testing, and commissioning of Overhead Equipment (OHE) upgradation for the existing 1X25kV system to a 2X25kV AT Feeding System.
The contract includes Feeder and Earthing works in Ongole (OGL) – Gudur (GDR), both (Incl) section of Vijayawada Division under South Central Railway, for a Total of 154 RKM/ 462 TKM.
The aforementioned work is part of the normal course of business for the Company, a company official stated.
Last month, on March 16, 2026, the company (RVNL) secured an order from NMDC for ₹95.27 crore.
RVNL Bags South Central Railway Contract
Size of the Contract
The total cost of the work is INR 242,49,86,547.22/- (Rupees Two Hundred Forty-Two Crore Forty-Nine Lakh Eighty-Six Thousand Five Hundred Forty-Seven rupees and Twenty-Two paisa Only), including applicable taxes.
Duration
The new contract is to be executed over a period of 24 months from the date of the purchase order, a company management official said.
Exchange Compliance
The Company has filed these details in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Refer to Rail Vikas Nigam Limited News for further details.
Market Cap: The company’s market capitalization is ₹54,360 Cr.
Technical: The stock is currently trading below its major simple moving averages (20-day, 50-day, 100-day, and 200-day) with all SMAs sloping downwards.
Price Performance: The stock declined by 27.30% over the last year, declined 27% YTD, declined 28.80% over the past three months, and declined 12.95% in the last month.
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