Rail Vikas Nigam Limited, a Government of India enterprise, has received a Letter of Acceptance from South East Central Railway for an engineering, procurement and construction contract valued at Rs 221.33 crore. The LOA was disclosed to BSE and NSE on June 8, 2026 under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
The project covers replacement of panel interlocking with electronic interlocking, all indoor and outdoor gears, OFC huts, construction of signalling and telecommunication service buildings, and electrification of S&T service buildings. The scope also includes cabling works in adjoining block sections of the stations across the Bilaspur Division.
The work spans 15 stations: BSPR, KLPG, ABKP, MZH, HRV, PRDL, KTMA, BJRI, KJZ, MDGR, CHRM, GTK, KLTR, PLAU and KBS in the Bilaspur Division of South East Central Railway.
The order has a stipulated execution timeline of 730 days and falls under the normal course of business. RVNL had previously intimated the exchanges about this tender on May 12, 2026, and the LOA confirms the award of the contract for signalling infrastructure modernisation.
The contract has been awarded by a domestic entity. No promoter, promoter group, or group company holds any interest in the awarding entity. The order does not qualify as a related party transaction.
The project involves modernisation of signalling and telecommunication infrastructure on the Bilaspur Division of South East Central Railway, with the work to be carried out under an EPC contract model.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.