Rail Vikas Nigam (RVNL) has received a significant boost after securing a Rs.903 cr. Letter of Award from SJVN Thermal Private.
The project is related to the 1,320 MW Buxar Thermal Power Project in Bihar. The fresh order strengthens RVNL’s project pipeline and adds to its visibility in large infrastructure and engineering projects.
RVNL continues to expand its presence beyond traditional railway-related activities by participating in infrastructure and power-sector projects. Investors will now watch the execution timeline and the impact of the order on the company’s future order book and revenue growth.
