Rail Vikas Nigam Limited has received a Letter of Acceptance (LOA) from East Central Railway for a major construction project. This disclosure is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and is in continuation of the company's previous letter dated 20th July, 2026.
Contract Details
Nature of Contract: Engineering, Procurement and Construction (EPC) Tender for "Construction of doubling work including earth work, blanketing, minor bridges, major bridges, station & other buildings, platform work, LC work and other miscellaneous works for 25T Indian Railway Standard Loading"
Project Scope: Construction work from Kundawa Chainpur (excl.) to Raxaul (excl.) (Ch.145.500 to 186.540) covering a total distance of 41.04 km in connection with doubling of Sitamarhi-Raxaul section in Samastipur Division of East Central Railway.
Contract Value: INR 358,97,42,420.53 (Rupees Three hundred fifty-eight crores, ninety-seven lakhs, forty-two thousand, four hundred twenty rupees and fifty-three paise only), including 18% GST
Execution Timeline: 1095 Days
Awarding Entity: East Central Railway (Domestic Entity)