RVNL shares may revive after emerging as Lowest Bidder from Central Railway

Railway PSU Stock, RVNL emerges as the Lowest Bidder from Central Railway to meet the 3000 MT loading target on EPC Mode.

Rail Vikas Nigam Limited has been declared the Lowest Bidder (L1) by Central Railway for the design, supply, erection, testing, and commissioning of a 132/55 KV traction substation, sectioning posts (SPs), and sub-sectioning posts (SSPs) in the 2 x 25 KV traction system (Scott Connected Transformer) for the Bhusaval - Khandwa sections of Central Railway. This project aims to meet a loading target of 3000 MT under the EPC mode.

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The Nature of the Work is to Design, Supply, Erect, Testing & Commissioning of 132/55 KV Traction Substation, Sectioning post (SPs) and Sub sectioning post (SSPs) in 2 x 25 KV Traction System (Scott Connected Transformer) of Bhusaval so Khandwa Sections of Central Railway, to meet 3000 MT loading target on EPC mode.

The Broad consideration and the Cost of the work is Rs 137 crore.

RVNL Ltd, a prominent player in the engineering sector, has experienced a notable decline in its stock performance. On December 30, 2024, the company's shares fell by 4.72%, underperforming the broader market, as the Sensex recorded a decrease of only 0.63%. This decline marks the ninth consecutive day of losses for Rail Vikas Nigam, resulting in an overall drop of 11.48% during this period.

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