Rail Vikas Nigam Ltd. emerges as Lowest Bidder for ₹129.46 Crore EPC Project from North Eastern Railway
Rail Vikas Nigam Limited (RVNL) has emerged as the Lowest Bidder (L1) for a project from North Eastern Railway. The EPC project for traction substations is valued at ₹129.46 crore and has an execution period of 730 days.
The order value is significant and will contribute to the company's revenue and growth, but it is considered a normal course of business.
The company has secured a new order, which is positive for its business.
Rail Vikas Nigam Limited (RVNL) has been declared the Lowest Bidder (L1) by the North Eastern Railway for a significant project.
The project involves the Design, Supply, Erection, Testing & Commissioning of Traction Sub Stations with associated Switching Posts for a 2x25 KV AT traction feeding system. This work is part of the Varanasi-Prayagraj section in the Varanasi Division of North Eastern Railway and aims at capacity up-gradation of electric traction power supply installations.
The contract is to be executed on an Engineering, Procurement & Construction (EPC) Mode. The total cost of the work is ₹129,46,26,109.47 (Rupees One Hundred Twenty-Nine Crore Forty-Six Lakh Twenty-Six Thousand One Hundred Nine and Forty-Seven Paisa), inclusive of applicable taxes. The execution period for this project is 730 days. This development is considered a normal course of business for RVNL.
What to do with a filing like this
Rail Vikas Nigam Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Rail Vikas Nigam Limited. Read the original for the full detail.