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RVNL Secures ₹179 Crore Signalling Contract from IRCON

RVNL Secures ₹179 Crore Signalling Contract from IRCON

Global Cryptocurrency
Release Time:
2025-08-18 11:41:02
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BTCCSquare news:

Rail Vikas Nigam Limited (RVNL) has been awarded a ₹178.64 crore contract by IRCON International Limited for a signalling and telecommunications project. The scope includes supply, installation, testing, and commissioning of equipment across multiple railway stations and sections.

RVNL shares showed modest gains, trading at ₹324.80 on NSE, up 0.22% from the previous close. Trading volume reached 33.21 lakh shares with a turnover of ₹108.54 crores.

The project involves installing Electronic Interlocking systems at 10 new stations and six Intermediate Block Signalling systems across key sections. A new Section Control System with train control communication equipment will be commissioned in the Gevra Road-Pendra Road section.

With an 11-month timeline including monsoon periods, the contract underscores RVNL's growing capabilities in critical railway infrastructure development.

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