RVNL wins ₹447 Delhi Metro Phase-IV viaduct and station platforms contract
Published on 14/07/2025 09:49 PM
RVNL wins ₹447 Delhi Metro Phase-IV viaduct and station platforms contractThe awarded Contract involves the design and construction of a 7.298 km viaduct, including the construction of platforms for seven stations — Pushp Vihar, Saket District Court, Pushpa Bhawan, Chirag Delhi, GK-1, Andrews Ganj, and Lajpat Nagar. Shares of Rail Vikas Nigam Ltd ended at ₹382.35, up by ₹0.80, or 0.21%, on the BSE.By Jomy Jos Pullokaran July 14, 2025, 9:49:00 PM IST (Updated)2 Min ReadState-owned Rail Vikas Nigam Limited (RVNL) on Monday (July 14) said it has received a Letter of Award (LOA) from Delhi Metro Rail Corporation Limited (DMRC) for a project under the Delhi MRTS Phase-IV.
The awarded Contract involves the design and construction of a 7.298 km viaduct, including the construction of platforms for seven stations — Pushp Vihar, Saket District Court, Pushpa Bhawan, Chirag Delhi, GK-1, Andrews Ganj, and Lajpat Nagar.
The contract also includes pre-engineered building structures at all stations from Lajpat Nagar to the Saket G Block corridor. The total value of the contract is ₹447.42 crore, inclusive of 18% GST, and the execution timeline is 36 months.
Also Read: Why are RVNL shares up 9% on Thursday?
Last week, Rail Vikas Nigam signed a letter of agreement (LoA) for an order worth ₹143.3 crore from South Central Railway. The contract pertains to upgrading the work of the electric traction system of the Salem division of Southern Railway.
In particular, the work involves upgrading the electric traction system from 1x25 kV to a 2x25 kV traction system for Salem Junction - Podanur Junction & Irugur - Coimbatore Junction -Podanur Junction. With the updated system, Southern Railway will be able to meet the 3,000 MT loading target, according to the update.
The cost of the work is ₹143.3 crore, including taxes and the contract is to be completed within 24 months.
Also Read: RVNL emerges lowest bidder for ₹213 crore order from South Central Railway; shares rise
Shares of Rail Vikas Nigam Ltd ended at ₹382.35, up by ₹0.80, or 0.21%, on the BSE.Continue ReadingFirst Published: Jul 14, 2025 9:11 PM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsRail Vikas Nigamshare market today