Rail Vikas Nigam Limited — Important, 04-02-2025: Updates

Rail Vikas Nigam Limited has received a Letter of Acceptance from East Coast Railway for the Koraput-Singapur Road Doubling Project. This contract involves the execution of 27 major bridges—22 major bridges and 5 Road Overbridges (ROBs)—along with earthworks and protective measures between Tikiri and Bhalumaska stations. The project, valued at approximately ₹404.40 crore (cr), is expected to be completed within 30 months. This development underscores RVNL's ongoing commitment to infrastructure expansion and presents a positive outlook for future project engagements and revenue generation. Investors should watch closely as this contract could enhance the company's operational capacity and market positioning.