RVNL Secures ₹242 Crore South Central Railway Project; Stock Action Expected Jan 28

• Rail Vikas Nigam Limited (RVNL) announced on January 27 that it secured a ₹242.50 crore project from South Central Railway.
• RVNL was the lowest bidder (L1) for the project, which involves upgrading the overhead electrification system from 1X25kV to a 2X25kV feeding system.
• The project includes design, supply, erection, testing, and commissioning work, with a completion deadline of 24 months.
• The work will be carried out in the Vijayawada Division, specifically between the Ongole to Gudur section, covering 154 RKM and 462 TKM.
• This is RVNL's second recent order, following an ₹87.56 crore project from South Eastern Railway on January 16 for a video surveillance system.

Why It Matters: RVNL secured a significant ₹242.50 crore railway electrification project, signaling potential stock market activity.