RVNL bags Rs 1,201-crore contract from Northern Railway

New Delhi: Rail Vikas Nigam Limited (RVNL) has received a Letter of Acceptance (LoA) from Northern Railway for the design and construction of a new rail-cum-road bridge over the river Ganga near Kashi Railway Station in Varanasi, Uttar Pradesh, the company said in a regulatory filing.

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The project involves construction of Bridge No. 11, located about 50 metres downstream of the existing old Malviya Bridge, and includes substructure and superstructure works featuring open web steel girders. The bridge will accommodate four railway tracks on the lower deck and a six-lane road on the upper deck, along with railway and road approaches, associated overhead electrification (OHE) works, and general electrical works under the Lucknow Division of Northern Railway.

The total project cost stands at approximately Rs 1,201.35 crore, including taxes, and will be executed within a period of 48 months. The contract will be carried out through a joint venture in which RVNL holds a 60 percent stake, while GPT Infraprojects Ltd. will hold the remaining 40 percent share.

According to the filing, the order has been awarded by a domestic entity and falls within the normal course of business of the company. The company also clarified that neither its promoter group nor related entities have any interest in the awarding authority, and the contract does not qualify as a related party transaction.

The project is expected to enhance rail and road connectivity in the Varanasi region while strengthening multi-modal transport infrastructure across the Ganga corridor.

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