Rail Vikas Nigam has signed Memorandum of Understanding (MoU) with M/s REC for mutual benefits by way of RVNL presenting bankable Projects with assured or projected source of revenue/returns and REC exploring scope and spread of providing finances to such Projects directly with pre-stipulated conditions and returns for itself.
Rail Vikas Nigam (RVNL) is in the business of executing all types of railway projects including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable stayed bridges, institution buildings etc.
