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The project is to be executed within 48 months. The total contract value stands at Rs 1,201.35 crore.
RVNL will execute the project in a joint venture, with a 60% share, while GPT Infraprojects holds the remaining 40% stake. The contract has been awarded by a domestic entity and does not fall under related party transactions, the company said.
Rail Vikas Nigam is engaged in executing a wide range of railway infrastructure projects, including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, cable-stayed bridges, and institutional buildings.
The company reported a 3.65% rise in consolidated net profit to Rs 322.83 crore in Q3 FY26, compared to Rs 311.44 crore recorded in Q3 FY25. Revenue from operations rose 2.56% YoY to Rs 4,684.46 crore for the quarter ended 31 December 2025.
Shares of Rail Vikas Nigam rose 0.32% to close at Rs 309.75 on the BSE.
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