RVNL emerges as L1 bidder for ₹165.54 Crore North Eastern Railway bridge project
Rail Vikas Nigam Limited (RVNL) secured a ₹165.54 crore contract as the L1 bidder from North Eastern Railway for constructing a double-line bridge over the Gandak river, to be executed in 24 months.
The contract value of over ₹165 crore is substantial and will contribute positively to the company's revenue and order book, demonstrating continued operational strength.
The company securing a new, large-value contract as the lowest bidder is a positive development, indicating business growth and order book additions.
* Rail Vikas Nigam Limited (RVNL) has been declared the Lowest Bidder (L1) by North Eastern Railway for a significant construction project. * The project entails the construction of the substructure of Important Bridge No. 50 (14x61.0 m) with Double D type well foundation for a double line, adhering to RDSO 25 T Axel loading standard. * This bridge will span the river Gandak between Paniyahwa - Valmikinagar station, as part of the doubling work between the Gorakhpur Cantt-Valmikinagar section of North Eastern Railway. * The total project cost is ₹165,54,60,581.78 (Rupees One Hundred Sixty-Five Crore Fifty-Four Lakh Sixty Thousand Five Hundred Eighty-One and Paisa Seventy-Eight Only), including GST. * The execution period for this domestic contract is 24 months. * This order falls within the normal course of business for RVNL.
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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.
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See the model portfoliosA plain-language summary of a public exchange filing by Rail Vikas Nigam Limited. Read the original for the full detail.