March 25, 2025
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RVNL won Rs 116 crore CR contract in Nagpur
Rail Vikas Nigam Ltd. (RVNL) shares rallied 3.35% to their day’s high of Rs 384 on the BSE on Tuesday after the company emerged as the lowest bidder (L1) for a Rs 115.79 crore contract from Central Railway’s Nagpur division.
“Rail Vikas Nigam Limited has emerged as the Lowest Bidder (L1) for OHE modification work to upgrade the existing 1×25 KV electric traction system to 2×25 KV at the feeding system in the Itarsi-Amla section of the Nagpur division to meet a 3,000 MT loading target,” the company said in an exchange filing.
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