The Letter of Acceptance covers the 385‑km Bhadrak‑Vizianagaram corridor, including 22 km between Nergundi‑Barang and 363 km from Khurda Road to Vizianagaram.
Scope involves roadbed construction, minor and major bridges, road‑under bridges, limited‑height subways, building works, ballast supply, permanent‑way linking, and utility shifting, signaling, telecom and electrification, plus power supply arrangements.
The project is slated for 912 days, governed by general contract conditions, and was awarded by a domestic entity with no related‑party ties.
This order follows RVNL’s ₹903 crore contract with SJVN Thermal for the Buxar thermal power project, underscoring the company’s expanding portfolio beyond rail.
The ₹404.88 crore influx is expected to lift FY revenue by roughly 1.5‑2% if fully realized, and the next earnings call on 15 Oct 2026 will detail the financial impact.