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Rail Vikas Nigam emerges as lowest bidder for Rs 404.88 crore railway project

03 Sep 2026 Evaluate

Rail Vikas Nigam has emerged as the Lowest Bidder (L1) from EastCoast Railway for ‘Execution of Roadbed, Minor Bridges, Major Bridges RUBs/LHS, Building Works, Supply of Ballast, P. Way Linking and Other Allied Works including Utility Shifting of S&T and Electrification Works such as General Service Works including Power Supply Arrangements, Shifting and Modification of HT and LT Lines Between Khurda Road - Gangadharpur in connection with Execution of work of 3rd Line between Nergundi-Barang (22 km) and Khurda Road - Vizianagaram (363 km) on Bhadrak - Vizianagaram Section (385 km).’

The project is valued at around Rs 404.88 crore (including GST). The project is to be executed within 30 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.

Rail Vikas Nigam Share Price

209.50 3.55 (1.72%)
03-Sep-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3965.00
Kalpataru Projects 1417.50
Rail Vikas Nigam 209.50
KEC International 406.15
NCC 147.40
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