Rail Vikas Nigam (RVNL) has signed Memorandum of Understanding (MoU) with Damodar Valley Corporation (DVC) for cooperation in the development, upgradation, renovation and construction of rail infrastructure and connectivity to DVC’s power plants and captive coal mining areas, including associated Rapid Loading Systems (RLS/CHP/SILO) and Re-tractable overhead electrification (OHE) systems.
Rail Vikas Nigam 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.