RVNL Secures ₹390 Crore Order from Indian Railways
State-owned Rail Vikas Nigam Limited (RVNL) announced on Wednesday that it has been awarded a significant contract valued at approximately ₹390 crore by the Indian Railways.
The contract involves the construction of the Sitarampur bypass line, a key infrastructure project under the Asansol division of the Eastern Railway. This development was disclosed by RVNL in a formal exchange filing.
The project aims to enhance rail connectivity and streamline train operations within the Asansol division, which is a critical junction in the Indian Railways network. The construction of the bypass line is expected to reduce congestion and improve the efficiency of rail traffic management.
“RVNL has received a Letter of Acceptance from the Eastern Railway for the construction of the Sitarampur bypass line under the Asansol Division of Eastern Railway,” RVNL stated in the filing. This acceptance marks the official commencement of the project, reflecting RVNL’s continued role in advancing India’s rail infrastructure.
The Sitarampur bypass line project is part of the broader efforts by the Indian Railways to upgrade its infrastructure and expand its network to meet the growing demand for rail services. The completion of this project is anticipated to bring substantial operational benefits and improve the overall passenger and freight experience.
RVNL, a key player in the execution of railway projects across the country, continues to secure pivotal contracts that contribute to the modernization and expansion of India’s railway infrastructure. This latest order underscores the company’s expertise and commitment to delivering high-quality rail projects.
As RVNL embarks on this new venture, it reaffirms its position as a leading entity in the railway sector, dedicated to enhancing the nation’s transportation framework and supporting India’s economic growth through improved connectivity.