RVNL Wins Rs 1.43B Electrification Contract in Southern Railway
RAILWAYS & METRO RAIL

RVNL Wins Rs 1.43B Electrification Contract in Southern Railway

Rail Vikas Nigam Ltd (RVNL) has emerged as the lowest bidder for a Southern Railway contract worth Rs. 1.43 bn to upgrade the electric traction system in Tamil Nadu. The project aims to support a 3,000 metric tonne loading capacity. The contract covers the Salem Junction–Podanur Junction and Irugur–Coimbatore Junction–Podanur Junction sections of the Salem division. The existing 1x25 kV traction system will be upgraded to a 2x25 kV system, enhancing load-bearing efficiency and improving operational performance.

RVNL will be required to complete the project within twenty-four months, as per the terms outlined in the exchange filing.

Following the announcement, RVNL’s shares rose by 1.8 per cent, closing at Rs. 343.7. Despite a four per cent gain over the past month, the stock remains down 20 per cent in 2025, and nearly 50 per cent below its all-time high of Rs. 647, reached in 2024.

The government currently holds a 72.84 per cent stake in the company, according to filings from the December 2024 quarter.

Source: BW Online Bureau

Image source:greaterkashmir

Rail Vikas Nigam Ltd (RVNL) has emerged as the lowest bidder for a Southern Railway contract worth Rs. 1.43 bn to upgrade the electric traction system in Tamil Nadu. The project aims to support a 3,000 metric tonne loading capacity. The contract covers the Salem Junction–Podanur Junction and Irugur–Coimbatore Junction–Podanur Junction sections of the Salem division. The existing 1x25 kV traction system will be upgraded to a 2x25 kV system, enhancing load-bearing efficiency and improving operational performance. RVNL will be required to complete the project within twenty-four months, as per the terms outlined in the exchange filing. Following the announcement, RVNL’s shares rose by 1.8 per cent, closing at Rs. 343.7. Despite a four per cent gain over the past month, the stock remains down 20 per cent in 2025, and nearly 50 per cent below its all-time high of Rs. 647, reached in 2024. The government currently holds a 72.84 per cent stake in the company, according to filings from the December 2024 quarter. Source: BW Online BureauImage source:greaterkashmir

Next Story
Resources

Madhya Pradesh Champions Inclusive Tourism at Heritage Sites

On the occasion of World Heritage Day, Madhya Pradesh is taking a significant step toward inclusive tourism by making its historical sites accessible to all — especially persons with disabilities. The state is rolling out its ‘Accessibility Infrastructure and Development’ project at Maheshwar, Mandu, Dhar, and Orchha, aiming to create a more welcoming experience at these iconic cultural destinations.The initiative, under the leadership of Chief Minister Dr Mohan Yadav and Tourism Minister Shri Dharmendra Bhav Singh Lodhi, includes infrastructure upgrades such as ramps, Braille signage, w..

Next Story
Resources

Runwal Realty Onboards Sonam Kapoor as Brand Ambassador

Real estate major Runwal has unveiled a refreshed identity as Runwal Realty, signalling a renewed commitment to crafting spaces that stand the test of time. With this refresh, the brand unveils its new philosophy: “Building for Generations to Come” and welcomes Bollywood star and global fashion icon Sonam Kapoor as its brand ambassador. This evolved identity reflects Runwal Realty’s commitment to creating not just homes, but heirlooms—crafted through visionary design, meticulous planning, global design expertise and an unwavering focus on quality. With the customer at its core, each de..

Next Story
Infrastructure Urban

Emerging Trends in Infrastructure and Transport 2025: KPMG

KPMG’s latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025 edition, sheds light on the profound changes transforming the global infrastructure landscape. As industries adapt to the challenges posed by climate change, economic pressures, and technological advancements, the report identifies key trends and provides actionable insights for leaders in infrastructure and transport sectors. “In today’s interconnected world, the lack of standardized supply chain practices is not just an operational challenge—it’s an environmental and economic one. We’..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?