Rail Vikas Nigam Limited (RVNL) has been awarded a contract for increasing speed potential to 160 KMPH in Pradhankhanta-Bandhua section of Dhanbad division under East Central Railway.
More details:
- Details of the contracts awarded are as under:
| S.No. | Details of Contract | Total Awarded Cost (Amount in Rs.) |
| 1 | Design, Supply, Erection, Testing and Commissioning for OHE Modification Work in the existing 25 kV OHE for increasing speed potential to 160 KMPH in Pradhankhanta – Bandhua Section of Dhanbad Division under East Central Railway, Total 202 RKM/ 425 TKM. | 1,37,55,63,085.90 |
About RVNL:
- The company began its operation in 2005 with the appointment of a Board of Directors.
- The company was granted Miniratna status in September 2013.
- RVNL has been rated “Excellent” for the 9 successive years by the Department of Public Enterprises.
- RVNL has also been ranked 1st amongst the Railway PSEs for the 4 times out of the last 5 years.
- The turnover of the company for the financial year 2019-20 has increased by 44.44%.
- The authorised share capital of the company is Rs. 3000 cr. with paid up share capital of Rs. 2085 cr.
- The company has been listed after its disinvestment of its stake of 12.16% of the company through IPO.
Source: RVNL- Press Release | Image Credit (representational): Southern Railway
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