[ad_1] State-owned Rail Vikas Nigam Ltd (RVNL) on Thursday (March 6) said it has received a letter of acceptance from South Western Railway for an engineering, procurement, and construction (EPC) contract valued at ₹156.36 crore (including applicable taxes). The project involves the design, supply, erection, testing, and commissioning of a 2X25 KV overhead electrification (OHE) […]
RVNL bags ₹135.7-crore Central Railway traction substation project – CNBC TV18
[ad_1] State-owned Rail Vikas Nigam Ltd (RVNL) on Thursday (February 27) said it has received a letter of acceptance (LoA) from Central Railway for a ₹135.66-crore contract involving the design, supply, erection, testing, and commissioning of 132/55 KV traction substations, sectioning posts (SPs), and sub-sectioning posts (SSPs) in the Bhusaval-Khandwa section. “It is hereby informed […]
Rail Vikas Nigam-led consortium signs PIA with BSNL – CNBC TV18
[ad_1] Rail Vikas Nigam Ltd (RVNL), in collaboration with HFCL Ltd and Aerial Telecom Solutions Pvt. Ltd has signed a Project Implementation Agency (PIA) agreement with Bharat Sanchar Nigam Ltd (BSNL). The partnership aims to develop, upgrade, operate, and maintain the middle-mile network of BharatNet, a government initiative to enhance broadband connectivity across India. Company […]
RVNL reports subdued Q3; net profit falls 13%, revenue dips 3% – CNBC TV18
[ad_1] State-owned Rail Vikas Nigam Ltd (RVNL) on Friday (February 14) reported a 13.1% year-on-year (YoY) dip in net profit at ₹311.6 crore for the third quarter that ended December 31, 2024. In the same period in FY24, the company saw a net profit of ₹358.6 crore. Company Value Change %Change Revenue fell 2.6% to […]
RVNL bags ₹3,622 crore contract from BSNL for BharatNet Middle Mile Network Development – CNBC TV18
[ad_1] State-owned Rail Vikas Nigam Ltd (RVNL) on Wednesday (January 15) announced receiving a Letter of Acceptance from Bharat Sanchar Nigam Ltd (BSNL) for the development, upgradation, and maintenance of the middle-mile network of BharatNet. Company Value Change %Change “A Letter of Acceptance has been received from Bharat Sanchar Nigam Limited (BSNL)for the Development (Creation, […]
This railway stock is down 44% from its peak but valuation remains expensive – CNBC TV18
[ad_1] Shares of Rail Vikas Nigam Ltd., the state-run railway and construction company fell another 8% on Monday, in-line with the continuing pain in the midcap and smallcap space. This is the third straight day of losses for the railway PSU. Company Value Change %Change With Monday’s fall, RVNL shares are now down 44% from […]
RVNL signs MoU with Dubai-based GBH International for infra projects in the Gulf – CNBC TV18
[ad_1] State-owned Rail Vikas Nigam Ltd (RVNL) on Tuesday (January 7) said it has signed a memorandum of understanding (MoU) with GBH International Contracting LLC (GBHIC), a Dubai-based company, to collaborate on civil infrastructure projects in the Gulf Cooperation Council (GCC) region. Company Value Change %Change “This is to inform you that Rail Vikas Nigam […]
RVNL shares snap a nine-day losing streak post order win, peers like RITES gain up to 11% – CNBC TV18
[ad_1] Shares of Rail Vikas Nigam Ltd. gained as much as 7% on Tuesday, December 31, snapping a nine-day losing streak, after the company was declared the lowest bidder for a project on Monday. Company Value Change %Change RVNL had informed the exchanges on Monday that the company has been declared the lowest (L1) bidder […]
RVNL gets letter of acceptance for ₹187-crore East Central Railway project – CNBC TV18
[ad_1] Company Value Change %Change State-owned Rail Vikas Nigam Ltd (RVNL) on Tuesday, December 3, announced it has received a letter of acceptance (LoA) from East Central Railway. The contract involves the “design, supply, erection, testing, and commissioning of traction substations with associated switching posts” as part of an upgrade to the electric traction system […]
Rail Vikas Nigam wins ₹643 crore bid for power infrastructure development in Punjab – CNBC TV18
[ad_1] State-owned Rail Vikas Nigam Ltd (RVNL) on Friday (November 29) said it has emerged as the lowest bidder (L1) for a power infrastructure project from the Punjab State Power Corporation Ltd (PSPCL). The project is valued at ₹642.57 crore, inclusive of applicable taxes. “…it is hereby informed that Rail Vikas Nigam Limited emerges as […]