The scope of work covers the Ongole (OGL) to Gudur (GDR) section under the Vijayawada Division of South Central Railway, spanning a total length of 154 RKM/462 TKM.
The order has been awarded by a domestic entity and falls within the normal course of business of the company.
As per the details disclosed, the project is to be executed within a period of 24 months.
The total cost of the contract stands at ₹242.49 crore, inclusive of applicable taxes.
The company clarified that the order does not involve any related party transactions, and neither the promoter nor the promoter group has any interest in the awarding entity.
This development strengthens RVNL’s order book and reinforces its presence in railway infrastructure projects, particularly in electrification and system upgrades.
Also read: RVNL wins new orders worth ₹1,978 crore from NMDC, days after bagging ₹270 crore railway contract
RVNL shares closed lower on the NSE at ₹260.80, down ₹1.81 or 0.69%.
(Edited by : Ajay Vaishnav)
