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Shares of Rail Vikas Nigam will remain in focus on April 6 after the company secured an order worth ₹242.49 crore from South Central Railway. According to the company's exchange filing, it has received a Letter of Acceptance (LoA) for the design, supply, erection, testing, and commissioning of OHE (Overhead Equipment) upgradation. The project involves upgrading the existing 1x25 kV system to a 2x25 kV AT feeding system, along with feeder and earthing works in the Ongole (OGL) to Gudur (GDR) se ...Read More >
A Russian‑Indian joint venture has showcased the first design of a new high‑speed sleeper coach at the International Railway Equipment Exhibition in New Delhi. Kinet is a joint venture between Russian rolling stock companies and Indian government-owned Rail Vikas Nigam Limited (RVNL) for the manufacturing and maintenance of 120 Indian 'Vande Bharat' high-speed trains. The venture is expected to unveil the first prototype in June 2026, with manufacturing set to begin by the end of December, ...Read More >
BHUBANESWAR: Navratna central public sector enterprise Rail Vikas Nigam Limited (RVNL) is executing three railway works, including the connectivity from Talcher Road to Kamalang at a cost of Rs 80 crore and Dhanmandal-Chandikhole line at Rs 150 crore apart from the connectivity to the siding of Tata Steel plant at Kalinganagar with Duburi at Rs 500 crore. Principal executive director (east and BD-domestic) of RVNL Saroj Kanta Patra said the 6 km Talcher-Kamalang C-curve will add to the already ...Read More >
New Delhi, Sep 26 (PTI) Infrastructure consultancy firm Aarvee Engineering Consultants Ltd has filed preliminary papers with markets regulator Sebi to raise funds through an initial public offering (IPO) comprising fresh issuance of shares worth Rs 202.5 crore. Apart from the issue, there will be an offer for sale (OFS) component of 67.5 lakh shares by a promoter, according to the draft red herring prospectus (DRHP) filed on Thursday. The Hyderabad-headquartered company, may consider a pre-IPO ...Read More >
Rameswaram, Feb 10 (PTI) The new 2.05 kilometre Pamban Bridge will allow trains to cross the sea between mainland India and Rameswaram Island in Tamil Nadu in less than 5 minutes, significantly less than the previous 25-30 minutes on the old structure, railway officials said on Monday. The bridge is ready to be dedicated to the nation and Prime Minister Narendra Modi is expected to inaugurate it within the next few weeks, though a date is yet to be decided, he added. "Trains used to take 25-30 ...Read More >
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