RVNL Wins ₹758 Crore NMDC Contract for Bacheli Railway Infrastructure Projec
New Delhi: Rail Vikas Nigam Limited has secured a major infrastructure contract worth ₹758.07 crore from NMDC Limited for the capacity expansion project at Bacheli.
The company disclosed the development through a regulatory filing submitted to the National Stock Exchange (NSE) and BSE under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Scope of the Project
The awarded contract involves:
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Development of a railway siding near Padapur Village
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Construction of bridges
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PWD road diversion works
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Associated civil infrastructure works
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Preparation of Feasibility Study Report (FSR)
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Detailed Project Report (DPR)
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Detailed engineering
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Execution and Project Management Consultancy (PMC) services
The project is aimed at supporting the capacity expansion requirements of Bacheli operations.
Contract Value and Timeline
According to the disclosure, the total project value stands at:
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₹758.07 crore (inclusive of 18% GST)
The execution timeline for the project is:
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36 months
The contract has been awarded by a domestic entity and falls within the normal course of business operations of Rail Vikas Nigam Limited.
Strategic Importance of the Project
The railway infrastructure project is expected to strengthen logistics and transportation capabilities linked to mining and industrial operations in the region. Improved railway connectivity and siding infrastructure will help enhance material handling efficiency and operational capacity.
Industry experts believe the project further reinforces RVNL’s growing role in executing large-scale railway and infrastructure development projects across India.
No Related Party Transaction
In its official disclosure, Rail Vikas Nigam Limited clarified that:
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The promoter or group companies do not have any interest in the awarding entity
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The contract does not fall under related party transactions
About RVNL
Rail Vikas Nigam Limited is a Government of India enterprise under the Ministry of Railways. The company specializes in railway infrastructure development, including new railway lines, electrification, bridges, station modernization, and metro rail projects across the country.
About NMDC Limited
NMDC Limited is India’s largest iron ore producer and a leading public sector mining company engaged in exploration and production of minerals. The company plays a significant role in supporting India’s steel and infrastructure sectors.