RVNL Secures ₹201-Cr Railway Workshop Project from East Coast Railway

Passenger trains are seen parked at platforms at a railway station in New Delhi, India, February 25, 2016. India's state-owned railway said on Thursday it planned to cut costs and generate new sources of revenue next year to offset a big rise in its wage bill and help keep an ambitious modernisation plan on track on track. REUTERS/Anindito Mukherjee

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CNBC TV18•08-01-2026, 16:25

RVNL Secures ₹201-Cr Railway Workshop Project from East Coast Railway

•Rail Vikas Nigam Limited (RVNL) received a ₹201.23 crore Letter of Acceptance from East Coast Railway.
•The project involves setting up a wagon Periodical Overhauling (POH) workshop at Kantabanji, Odisha.
•The workshop will have a capacity of 200 wagons, crucial for maintaining railway freight efficiency and safety.
•RVNL was the sole bidder for this domestic project, with an 18-month execution period.
•The contract strengthens RVNL's order book; shares closed down 4.16% on NSE.

Why It Matters: RVNL's new ₹201 crore railway workshop project boosts its infrastructure role and order book.

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