Image Source: India Infoline
Rail Vikas Nigam Ltd. (RVNL) has been declared the lowest bidder (L1) for a rail infrastructure project valued at ₹213 crore (including taxes), marking another strategic win in its expanding order book. The project, awarded under a competitive bidding process, underscores RVNL’s growing dominance in India’s rail modernization drive.
While specific project details remain undisclosed, the contract is expected to involve electrification, signaling, or civil works, aligning with RVNL’s core competencies. The company has been actively diversifying into international ventures and energy infrastructure, including recent talks with Russia’s Rosatom for deploying small modular nuclear reactors to power railway lines2.
This win comes amid RVNL’s push to offset funding cuts from the Ministry of Railways by aggressively pursuing bidding-based projects, which now account for over 55% of its ₹1 lakh crore order book. The company is also eyeing high-margin overseas contracts to sustain growth.
Key Highlights:
Bid value: ₹213 crore (incl. taxes)
Status: Lowest bidder (L1)
Order book: ~₹1 lakh crore; 55% via competitive bidding
Strategic focus: Electrification, global expansion, energy diversification
Recent initiatives: SMR talks with Rosatom; overseas infra projects
Source: The Hindu BusinessLine – RVNL’s Strategic Shift
Advertisement
Advertisement