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RVNL bags ₹39-cr NMDC order for residential campus project in Hyderabad's Banjara HillsThe project is valued at ₹39.21 crore, including GST at 18%. The work is to be executed over a period of 15 months. Shares of Rail Vikas Nigam Ltd ended at ₹308.50, up by ₹2.55, or 0.83%, on the BSE today, April 28.By Jomy Jos Pullokaran  April 28, 2026, 6:56:20 PM IST (Updated)2 Min ReadTelecom infrastructure firm Rail Vikas Nigam Ltd (RVNL) on Tuesday (April 28) said it has received a letter of acceptance (LoA) from NMDC Limited for the construction of a residential campus for senior and board-level executives at Banjara Hills, Hyderabad (phase-II).The project is valued at ₹39.21 crore, including GST at 18%. The work is to be executed over a period of 15 months. RVNL stated that the order has been awarded by a domestic entity and falls under the normal course of business of the company.The project involves the construction of residential infrastructure for senior and board-level executives at NMDC’s facility in Hyderabad.ALSO READ | RVNL emerges lowest bidder for ₹968-crore East Coast Railway projectEarlier this month, Rail Vikas Nigam Ltd received an LoA from South Central Railway for a project valued at ₹242 crore. The contract involves the design, supply, erection, testing and commissioning of overhead equipment (OHE) upgrades. The project will upgrade the existing 1x25kV system to a 2x25kV AT feeding system, along with feeder and earthing works.The scope of work covers the Ongole (OGL) to Gudur (GDR) section under the Vijayawada division of South Central Railway, spanning a total length of 154 RKM/462 TKM. The order has been awarded by a domestic entity and falls within the normal course of business of the company.The project is to be executed within a period of 24 months. The total cost of the contract stands at ₹242.49 crore, inclusive of applicable taxes.ALSO READ | RailTel Corporation of India secures ₹255 crore order from RVNL for tunnel communication systemsShares of Rail Vikas Nigam Ltd ended at ₹308.50, up by ₹2.55, or 0.83%, on the BSE today, April 28.Continue Reading(Edited by : Shoma Bhattacharjee)First Published: Apr 28, 2026 6:55 PM ISTTagsRail Vikas Nigamshare market today