New Delhi: Rail Vikas Nigam Limited (RVNL) has signed a Memorandum of Understanding (MoU) with Damodar Valley Corporation (DVC) to collaborate on the development, upgradation, renovation and construction of rail infrastructure and connectivity for DVC’s power plants and captive coal mining areas.

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According to RVNL's regulatory filing to the stock exchnages on Thursday, the agreement also covers associated infrastructure, including Rapid Loading Systems (RLS), Coal Handling Plants (CHP), silos and retractable overhead electrification (OHE) systems.

The collaboration aims to support the development and improvement of rail infrastructure serving DVC’s power generation facilities and captive coal mining operations. The scope of the MoU encompasses railway connectivity and related systems required to facilitate the movement of coal and other operational requirements.

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Rail Vikas Nigam Limited is a public sector undertaking engaged in railway infrastructure development. Damodar Valley Corporation operates in the power and associated infrastructure sectors.

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