Rail Vikas Nigam Limited (RVNL) has received a letter of acceptance from South Central Railway for a track doubling project worth ₹294.95 crore in Telangana. The company announced this development today.
Shares of Rail Vikas Nigam Limited (RVNL) were trading at ₹416.65 at 2:55 PM today, down ₹2.85 or 0.68 percent on the NSE.
The Engineering Procurement Construction (EPC) contract involves doubling of track between Navipet and Indalvai stations, covering a distance of 33.70 kilometers. The project excludes a 2.3 km stretch of Nizamabad Yard. The scope of work includes electrification and signaling works as part of the wider Mudkhed-Medchal Doubling Project.
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RVNL, a government undertaking under the Ministry of Railways, is expected to complete the project within 24 months. The contract specifically covers the section from kilometer 446,900 to kilometer 482,900, excluding the Nizamabad Yard section from kilometer 458,825 to 461,125.
