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Rail Vikas Nigam Limited (RVNL) is an Indian central public sector enterprise (PSU) which works as the construction arm of the Ministry of Railways for project implementation and transportation infrastructure development.
Aug 3, 2024 · RVNL’s main focus is laying new railway lines, doubling the existing lines, gauge conversion, enhancing port connectivity, and electrification. The prominent PSU raises funds through a combination of equity and debt, enabling it to fund various projects efficiently.
RVNL is a Navratna CPSE under the Ministry of Railways, Government of India. To bridge the infrastructure deficit on Indian Railways, the then Prime Minister, Bharat Ratna Shri Atal Bihari Vajpayee announ ced National Rail Vikas Yojana (NRVY) on 15 th August 2002 in his address from the Red Fort.
Rail Vikas Nigam Limited (RVNL) was incorporated as a Public Sector Undertaking for the mandate to: Undertake and execute successfully the project development, financing and implementation of projects related to rail infrastructure. Mobilize financial and human resources for project implementation.
Apr 30, 2024 · Since 2003, Rail Vikas Nigam Limited (RVNL) has played a pivotal role in taking the country’s rail network into the future as an extension of the government’s Ministry of Railways, undertaking the construction of new railway lines, doubling, gauge conversion and electrification on landmark projects. Advertisement.
Consistently contributes 30% of total Indian Railway Infrastructure each year. Commissioned & completed 140 Indian Railway projects as on 31st March 2023. Current Order book INR 56,000+ crore (Rs. 36,000+ cr. assigned by MoR) + Rs. 20,000+ cr. (through bidding) projects. MOU Rating – ‘Excellent for last 12 years’.
6 days ago · Rail Vikas Nigam Limited engages in the construction of rail infrastructure projects in India. It undertakes rail project development and implementation, as well as provides financial resources mobilization services.
