RVNL secures a Rs 191.53 crore contract from South Eastern Railway for a 132 KV traction substation project.

Rail Vikas Nigam Limited (RVNL), a public sector enterprise under the Ministry of Railways, secured a Rs 191.53 crore contract from South Eastern Railway for a 132 KV traction substation project on the Raj Khaswan, Nayagarh-Bolani section. The project aims to support a 3000MT loading target and is expected to be completed within 18 months. RVNL reported a 33.16% increase in profit to Rs 478 crore in Q4 of FY2024.

June 22, 2024
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