RVNL Wins Major Contract for Central Railway Upgrade

Rail Vikas Nigam Limited (RVNL) has won a ₹132.59 crore contract from Central Railway for a major overhead modification project. The project involves upgrading the current 1 x 25 kV electric traction system to a more robust 2 x 25 kV AT feeding system in the Wardha-Ballarshah section of the Nagpur division.

This upgrade is essential to support a 3,000 MT loading target, significantly enhancing the capacity of the existing traction system. The project is expected to be completed within 24 months, marking a critical improvement in the region's railway infrastructure.

RVNL's strong financial performance underpins its ability to manage such large-scale projects. In Q4 FY24, the company reported a 33.16% increase in consolidated net profit, reaching ₹478.40 crore, alongside a 17.38% rise in revenue from operations, which totaled ₹6,714.01 crore.

Known for its expertise in railway infrastructure, RVNL has a proven track record in executing complex projects, including new railway lines, track doubling, gauge conversion, electrification, and more. This latest contract further cements its position as a leader in the industry.

The successful execution of this project will not only enhance the railway's operational efficiency but also contribute to RVNL's growing portfolio of significant infrastructure accomplishments.

News by Rahul Yelligetti