Archive · 29 Jan 2026
RVNL Wins Two Major Railway Projects
RVNL, a company that builds railway infrastructure, won two big projects.
The first project is worth Rs 1,201.35 crore and involves building a new bridge over the river Ganga in Varanasi.
This bridge will have train tracks on the lower part and a road on the upper part.
The second project is worth Rs 242.49 crore and involves upgrading the electrical system for trains in the Ongole-Gudur section.
RVNL's stock price went up by 5.73% after these announcements.
RVNL's joint venture RVNL-GPT JV won a Rs 1,201.35 crore project for a new rail cum road bridge in Varanasi.
The bridge will have four-line tracks on the lower deck and a six-lane road on the upper deck.
RVNL holds a 60% share in the joint venture, with GPT Infraprojects Ltd holding the remaining 40%.
RVNL also won a Rs 242.49 crore project for OHE upgradation in the Ongole-Gudur section.
RVNL's stock price increased by 5.73% to Rs 342.45 on the BSE following these announcements.
- Who
- Rail Vikas Nigam Limited (RVNL) and its joint venture RVNL-GPT JV
- What
- Won two major railway projects as the lowest bidder (L1)
- When
- Project 1 announced on January 28, 2024; Project 2 announced on January 27, 2024
- Where
- Project 1 in Varanasi, Uttar Pradesh; Project 2 in Ongole-Gudur section, Vijayawada Division
- Why
- RVNL is a state-owned infrastructure major focusing on railway projects
- Company
- Rail Vikas Nigam Limited (RVNL)
- Project 1 Value
- Rs 1,201.35 crore
- Project 1 Location
- Varanasi, Uttar Pradesh
- Project 1 Scope
- New rail cum road bridge over the river Ganga
- Project 2 Value
- Rs 242.49 crore
- Project 2 Location
- Ongole-Gudur section, Vijayawada Division
- Project 2 Scope
- OHE upgradation from 1X25 kV to 2X25 kV
- Stock Price Change
- 5.73% increase to Rs 342.45 on BSE