Rail Vikas Nigam Limited (RVNL) — Announcement Announcement

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📢 Key Event
RVNL emerges as L1 bidder for East Coast Railway railway project

💡 Investor Takeaway
This order adds to RVNL's pipeline of government infrastructure projects, potentially boosting future revenue visibility and investor confidence in order execution capabilities.

Rail Vikas Nigam Limited announced it has been declared the lowest bidder (L1) for a 385 km railway construction project in Odisha, including four major bridges, awarded by East Coast Railway. The project falls under normal business operations and involves EPC mode execution with a three-year timeline and a bid value of approximately ₹967.93 crores including 18% OST. This win strengthens RVNL's infrastructure portfolio in the railway sector and signals potential future order flow in similar government-led rail projects.

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About Rail Vikas Nigam Limited (RVNL)

Construction · Construction · Listed on NSE

Market Cap: ₹59,006.07 Cr P/E: 45.4

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

Rail Vikas Nigam Limited (RVNL) — Announcement Announcement

About Rail Vikas Nigam Limited (RVNL)

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