Date: 20.07.2026
Board Meeting Outcomes
Rail Vikas Nigam Limited has emerged as the Lowest Bidder (L1) for a significant railway infrastructure project awarded by East Central Railway.
Orders & Contracts
Project Details: 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 from Kundawa Chainpur (excl.) to Raxaul (excl.) (i.e. Ch.145.500 to 186.540) (total- 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
Contract Type: Engineering, Procurement and Construction (EPC) Tender
Awarding Entity: Domestic Entity (East Central Railway)
Related Party Disclosure: No interest from promoter/promoter group/group companies in the awarding entity. Not a related party transaction.
Business Context: This work is in the normal course of business of the company.
Management Signatory
Baldev S Jaryal, Executive Director (Business Development) signed the disclosure on 20.07.2026.