RVNL secures ₹295 crore EPC contract for South Central Railway

Team FS

    18/Nov/2024

  • RVNL awarded ₹295 crore EPC contract by South Central Railway for doubling and electrification of tracks.
  • Project involves 33.7 km track work in Telangana, to be completed in 24 months.
  • Contract includes signaling works, boosting Telangana's rail infrastructure.
  • RVNL Wins ₹295 Crore Contract for Telangana Railway Project

    Rail Vikas Nigam Limited (RVNL), a prominent government enterprise under the Ministry of Railways, announced that it has received a Letter of Acceptance (LOA) for an Engineering Procurement Construction (EPC) contract worth ₹295 crore from South Central Railway. This project forms part of the Mudkhed-Medchal Doubling Project in the state of Telangana.


    Project Details

    The project entails the doubling of track between Navipet station (Excl) and Indalvai station (Incl), covering a distance of 33.7 km, excluding a 2.3 km section of the Nizamabad Yard. Key components of the project include:

    • Electrification of tracks.
    • Signaling works for enhanced safety and efficiency.

    Contract Details

    • Awarding Entity: South Central Railway
    • Project Type: Domestic EPC contract
    • Duration: 24 months
    • Project Cost: ₹294.95 crore (including GST)

    This initiative highlights RVNL's expertise in executing large-scale railway infrastructure projects, including track doubling and electrification, which are crucial for India's rail modernization efforts.


    Strategic Importance

    This project is part of a broader effort to improve rail connectivity and operational efficiency in Telangana, addressing increasing traffic demand.

    • Enhances the rail network between Mudkhed and Medchal, a critical corridor in South Central Railway.
    • Reduces congestion and boosts freight and passenger train capacity.
    • Supports the Indian Railways' long-term goals for network expansion and electrification.

    Compliance and Transparency

    RVNL has adhered to the disclosure norms outlined by SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring complete transparency. The project does not involve any related-party transactions or promoter group interests.


    About RVNL

    Founded in 2003, Rail Vikas Nigam Limited specializes in project implementation for Indian Railways, including construction of new lines, track doubling, gauge conversion, and electrification. It is listed on the NSE (Scrip: RVNL) and BSE (Scrip: 542649). RVNL's consistent focus on quality and timely execution has positioned it as a trusted partner in India's rail infrastructure development.


    Conclusion

    The ₹295 crore EPC contract is a testament to RVNL's capabilities in delivering complex railway projects. This initiative is expected to boost rail infrastructure in Telangana, align with Indian Railways' modernization plans, and reinforce RVNL's position as a leading infrastructure developer in the country.

    Stay updated with RVNL’s latest developments by visiting their website or following their social media channels.

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