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Rail Vikas Nigam bags LoA worth Rs 758.07 crore

22 May 2026 Evaluate

Rail Vikas Nigam has secured Letter of Award (LoA) worth Rs 758.07 crore (including GST at 18%) from NMDC. The LoA is for a project involving development of Railway Siding near Padapur Village along with Bridges, PWD road diversion, associated Civil Works etc. including Preparation of Feasibility Study Report (FSR), Detailed Project Report (DPR), Detailed Engineering, Execution and Project Management Consultancy (PMC) Services for Capacity Expansion of Bacheli. The project is to be completed within 36 months.

Rail Vikas Nigam (RVNL) functions as an extended arm of the Ministry of Railways. The company 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.

Peers
Company Name CMP
Larsen & Toubro 3879.00
Kalpataru Projects 1391.05
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 396.95
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