RVNL emerges L1 bidder for ₹87.55 Crore South Eastern Railway contract
RVNL has been declared the Lowest Bidder (L1) by South Eastern Railway for supplying and installing an IP-based Video Surveillance System (VSS) in LHB Coaches. The contract is valued at ₹87.55 Crore and is to be executed within 10 months.
The order value is significant and contributes to the company's order book, but it is a routine business activity.
The company has secured a new order, which is positive for its business.
Rail Vikas Nigam Limited (RVNL) has emerged as the Lowest Bidder (L1) from South Eastern Railway for a project involving the supply, installation, and commissioning of an IP-based Video Surveillance System (VSS) in LHB Coaches. The contract includes supplying 4 cameras per coach as per RDSO Specification No. RDSO/SPN/TC/106/2025, Version 3.1 or latest, along with a Rugged Hand Held Terminal (HHT)/Tablet and an 8 TB external SSD.
The total value of this order is ₹87,55,64,424/- (Rupees Eighty-Seven Crore Fifty-Five Lakh Sixty-Four Thousand Four Hundred Twenty-Four Only), excluding GST. This project is considered a normal course of business for RVNL.
The execution period for this contract is 10 months from the date of issue of the Purchase Order. The entity awarding the contract is South Eastern Railway, a domestic entity. RVNL has confirmed that the promoter, promoter group, or group companies do not have any interest in the awarding entity, and this contract does not fall within related party transactions.
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.
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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.