RVNL gets Rs 145 crore order from Southern Railway for traction sub station work
RVNL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Rail Vikas Nigam Limited received a Letter of Acceptance from Southern Railway for design, supply, erection, testing and commissioning of traction sub stations with power quality equipment, switching posts for 2x25 kV AT feeding system, SCADA and automatic fault locators in the Jolarpettai-Salem section of Salem Division. The work supports the Mission 3000MT loading target. Contract value is Rs 145.34 crore including taxes, to be completed in 540 days. Domestic order, no related party interest.
Positive - new order adds Rs 145 crore to RVNL's order book, supporting revenue visibility. Small size relative to annual revenue.