RVNL Secures Three NMDC Contracts Worth Nearly Rs 2,000 Crore

Rail Vikas Nigam Limited (RVNL) has recently announced the successful acquisition of three significant contracts from the National Mineral Development Corporation (NMDC), collectively valued at nearly Rs 2,000 crore. These contracts are expected to enhance RVNL's operational capacity and contribute to its ongoing projects in the infrastructure sector. The company clarified that these orders are part of its routine business operations and do not involve any related-party transactions, ensuring transparency in its dealings. This development reinforces RVNL's commitment to bolstering India's infrastructure, particularly in the railway and mining sectors, where NMDC plays a crucial role. As a public sector undertaking under the Ministry of Railways, RVNL has been instrumental in executing various infrastructure projects across the country, and this latest contract win positions it for further growth in the coming years.