Rail Vikas Nigam Limited — Important, 26-11-2024: Updates

Rail Vikas Nigam Limited (RVNL) has received a Letter of Acceptance from South Central Railway for an Engineering, Procurement and Construction (EPC) contract aimed at doubling the track between Parbhani and Parli stations, covering a distance of 58.06 km, excluding a section of 6.775 km. This project includes necessary electrification and signaling works, as part of the broader doubling initiative in Maharashtra. The contract is valued at ₹625.08 crore (cr), with a completion timeframe of 30 months. This development could significantly enhance RVNL's revenue stream and operational capacity in the region, presenting a positive outlook for the company as they expand their project portfolio.