Rail Vikas Nigam Limited (RVNL) has received a Letter of Acceptance (LOA) from Northern Railway for a major bridge construction project valued at Rs 12.01 billion. The contract strengthens RVNL’s infrastructure portfolio and highlights its growing role in executing large-scale railway development projects across India.
Rail Vikas Nigam Limited (RVNL) announced that it has secured a significant contract from Northern Railway, receiving a Letter of Acceptance (LOA) for bridge construction worth Rs 12.01 billion. The project is part of ongoing efforts to enhance India’s railway infrastructure, ensuring improved connectivity and operational efficiency.
The LOA marks another milestone for RVNL, which has consistently delivered on large-scale projects across the country. The company emphasized that this contract will further strengthen its order book and contribute to long-term revenue growth.
Key highlights from the update include
-
Rail Vikas Nigam Limited receives LOA from Northern Railway
-
Bridge construction project valued at Rs 12.01 billion
-
Contract adds to RVNL’s growing infrastructure portfolio
-
Project expected to improve railway connectivity and efficiency
-
Strengthens RVNL’s order book and long-term growth prospects
Industry experts note that the award underscores RVNL’s strong execution capabilities and its importance in India’s railway modernization drive. The project is expected to generate employment opportunities and support the government’s focus on expanding and upgrading transport infrastructure.
Sources: BSE Corporate Filings, Economic Times, Business Standard