RVNL awarded ₹1.81bn contract for Northern Railway upgrade
pre-market1 source ↓written by the desknot a recommendation
- project to upgrade
- ₹1.81 billion
Rail Vikas Nigam Limited (RVNL) has been named the L1 bidder for a ₹1.81 billion project to upgrade the Overhead Equipment (OHE) for Northern Railway. This contract is significant as it reflects RVNL's growing role in railway infrastructure development.
The project is expected to enhance operational efficiency and may positively impact RVNL's revenue stream in the coming quarters.
Not investment advice. For informational purposes only.