RVNL secures Rs 404.88 crore contract from East Coast Railway for infrastructure work

Rail Vikas Nigam Limited (RVNL) has received a Letter of Acceptance (LOA) from East Coast Railway for a comprehensive infrastructure project valued at Rs 404,88,18,738, including GST. The project involves the execution of roadbed, bridges, building works, supply of ballast, and other related works, including utility shifting and electrification, between Khurda Road and Gangadharpur and Khurda Road and Vizianagaram on the Bhadrak-Vizianagaram section. The work, which falls within RVNL's normal course of business, is slated for completion within 912 days and does not involve any related party transactions.