RVNL Secures ₹242-Crore South Central Railway Project, Shares Gain Investor Attention

Rail Vikas Nigam Limited (RVNL), a public sector enterprise under the Ministry of Railways, has emerged as the lowest bidder (L1) for a major electrification upgrade project awarded by South Central Railway. The contract, valued at approximately ₹242.5 crore, involves the design, supply, erection, testing, and commissioning of a new overhead equipment (OHE) system.

The project will modernize the existing 1×25kV system to a 2×25kV autotransformer feeding system, including feeder and earthing works. Covering the Ongole (OGL)–Gudur (GDR) section in the Vijayawada Division, the work spans 154 route kilometers (RKM) and 462 track kilometers (TKM). Execution is scheduled over 24 months, strengthening RVNL’s portfolio in railway infrastructure.

Key Highlights:

• Project Value: ₹242.5 crore.
• Scope: OHE system upgrade to 2×25kV AT feeding system.
• Location: Ongole–Gudur section, Vijayawada Division, South Central Railway.
• Length: 154 RKM / 462 TKM.
• Timeline: 24 months for completion.
• Market Impact: RVNL shares closed marginally higher, reflecting investor optimism.

This win reinforces RVNL’s position as a key player in India’s railway modernization drive, aligning with the government’s focus on electrification and efficiency.

Sources: Moneycontrol, CNBC TV18, ScanX News.