RVNL Wins ₹164 Crore East Coast Railway Contract

Rail Vikas Nigam Ltd (RVNL) emerged as the lowest bidder (L1) for a domestic railway signaling project from East Coast Railway.
The contract involves provision of MSDAC to increase reliability in the ABS section and alterations at multiple stations.
The order value is ₹164.19 crore and is to be executed within an 18-month timeframe.
This is a routine business award with no promoter interest or related party transactions involved.