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Rail Vikas Nigam Limited has received a Letter of Acceptance from HPSEBL for the development of distribution infrastructure in the Central Zone of Himachal Pradesh, under the Revamped Reforms-based and Results-linked Distribution Sector Scheme focused on loss reduction. This project signifies a significant step in the company's regular operations, with an estimated contract value of ₹729.82 crore (cr) and a completion timeline of 24 months. The engagement aligns with the company's strategic direction, leveraging government initiatives to expand its business in the power distribution sector. Investors should view this development positively, as it may enhance growth prospects while improving the company’s competitive edge in infrastructure projects.