RVNL Secures ₹221 Crore Project from South East Central Railway
RVNL gains after emerging as lowest bidder for Rs 221 crore South East Central Railway project
Business Standard
Image: Business Standard
Rail Vikas Nigam Limited (RVNL) has emerged as the lowest bidder for a ₹221.33 crore project from South East Central Railway, involving the installation of electronic interlocking systems and associated works across multiple stations in the Bilaspur Division. The project is expected to be completed within 730 days.
- 01RVNL is the lowest bidder for a ₹221.33 crore project.
- 02The project includes upgrading signalling systems across multiple railway stations.
- 03It is scheduled for completion within 730 days.
- 04RVNL reported a 3.65% increase in net profit for Q3 FY26.
- 05The Government of India holds a 72.84% stake in RVNL.
Advertisement
In-Article Ad
Rail Vikas Nigam Limited (RVNL) has been awarded a project worth ₹221.33 crore by South East Central Railway, emerging as the lowest bidder. This project involves replacing panel interlocking with electronic interlocking systems, along with the installation of indoor and outdoor signalling gears, and construction of signalling and telecommunication service buildings across various stations in the Bilaspur Division. The stations included in this project are BSPR, KLPG, ABKP, MZH, HRV, PRDL, KTMA, BJRI, KJZ, MDGR, CHRM, GTK, KLTR, PLAU, and KBS. The project is set to be completed within 730 days. RVNL, a Government of India enterprise, reported a 3.65% rise in net profit to ₹322.83 crore in Q3 FY26, compared to ₹311.44 crore in Q3 FY25, with revenue from operations increasing by 2.56% year-on-year to ₹4,684.46 crore.
Advertisement
In-Article Ad
This project will enhance railway infrastructure in the Bilaspur Division, improving safety and efficiency for commuters and freight services.
Advertisement
In-Article Ad
Reader Poll
Do you support increased investment in railway infrastructure projects?
Connecting to poll...
Read the original article
Visit the source for the complete story.