RVNL Share Price in Focus As It Secures Key Railway Electrification Project Worth ₹115.79 crore

Rail Vikas Nigam Limited (RVNL) has been awarded a crucial railway electrification contract after emerging as the lowest bidder (L1). This project, undertaken in collaboration with Central Railway, is part of India’s ongoing infrastructure modernisation efforts.

Project Overview and Scope

RVNL secured the contract for Overhead Equipment (OHE) modification work, upgrading the existing 1×25 KV traction system to 2×25 KV in the Itarsi-Amla section of Central Railway’s Nagpur division. This enhancement aims to support a 3000 MT freight loading target, contributing to improved efficiency and capacity in railway operations. The total cost of work is over ₹115 crores, and the project completion time is 24 months.

Significance of the Contract

Winning this bid reinforces RVNL’s strong position in India’s railway infrastructure sector. The project aligns with the government’s push for railway electrification, ensuring improved operational efficiency and reduced carbon footprint. It also highlights RVNL’s technical expertise and ability to execute large-scale electrification projects.

RVNL Share Performance 

As of March 25, 2025, at 10:05 AM, RVNL share price is trading at ₹376.35 per share, reflecting an upside of 1.29% from the previous closing price. Over the past month, the stock has surged by 3.54%.

Conclusion

RVNL’s selection as the lowest bidder for this critical railway electrification project strengthens its reputation as a key infrastructure player. The successful execution of this project will contribute to India’s growing railway network and freight efficiency.

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