Rail Vikas Nigam Limited (RVNL) has received a Letter of Acceptance (LOA) from East Coast Railway for a major railway infrastructure project involving the setting up of a Wagon Periodic Overhaul (POH) Workshop at Kantabanji. The workshop will have a capacity of 200 wagons and is aimed at strengthening wagon maintenance infrastructure under Indian Railways.
The nature of the contract involves the complete setting up of a Wagon POH Workshop with an annual capacity of 200 wagons at Kantabanji. The project is domestic in nature and is scheduled to be completed within a period of 18 months from the date of award.
The total project cost, excluding GST, stands at ₹201.23 crore. This includes all works related to the establishment of the workshop infrastructure and associated facilities. The size of the order adds meaningfully to RVNL’s order book and aligns with its core business of railway project implementation.
The company has clarified that neither the promoter nor the promoter group entities have any interest in East Coast Railway. Additionally, the contract does not fall under related party transactions, ensuring compliance with regulatory norms and arm’s length principles.