GPT Infra-RVNL Gets ₹1,201-Crore Order From Northern Railways

State-owned Rail Vikas Nigam Ltd. (RVNL) and GPT Infraprojects Ltd have jointly received a fresh order worth ₹1,201 crore from Northern Railway to build a new rail-cum-road bridge across the Ganga River in Varanasi. The company informed about the development through filing on the stock exchange. The entire project is expected to be completed within four years.

The bridge will come up near Kashi Railway Station, not far from the existing Malviya Bridge, which has been serving the region for decades. The new structure is being planned to handle future traffic and reduce the load on the older crossing.

What Exactly Will RVNL Build Under This Project?

The contract involves constructing a two-level bridge that will carry both trains and road traffic. The railway section will run on the lower deck and will have space for four tracks. Above that, there will be a six-lane road meant for vehicles.

Apart from the main bridge, RVNL will also develop the approach routes needed to connect it smoothly to the existing rail and road network. As per the approved General Arrangement Drawing (GAD), the project also covers electrification work within the Northern Railway’s Lucknow division.

RVNL will carry out the work along with GPT Infraprojects Ltd under a joint venture arrangement. GPT Infraprojects has a 40% share in this project and will be responsible for its part of the construction.

Why Is This Order Important For RVNL?

This order adds to RVNL’s already strong pipeline of projects. As of the end of December, the company’s total order book stood at around ₹87,000 crore. A large portion of this comes from railway projects, while the rest has been secured through competitive bidding.

Company officials had earlier indicated that completing existing railway projects remains a key focus over the next few years. These ongoing works are expected to bring steady revenue once they move closer to completion.

"In the next three years, we already have almost ₹40,000 crore of railway works. So our first focus is to complete those works within the next three years. So that will bring us an income of almost ₹10,000 crore to ₹11,000 crore per annum. And parallelly, we will be focusing on getting new works on bidding," said RVNL’s Chairman and Managing Director, Mr Saleem Ahmad.

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How Did The Stock React After The Announcement?

RVNL shares ended the day at ₹308.70 on the National Stock Exchange (NSE) yesterday, showing little change compared to the previous close. Over the past year, the stock has slipped about 7%. The decline follows a strong run seen earlier in railway-related stocks, which had rallied sharply on hopes of higher infrastructure spending.

Even so, fresh contracts of this size keep RVNL firmly in the spotlight, especially as railway expansion and modernisation remain a priority area for government investment.

For investors, this shows that order wins alone may not lead to immediate stock movement. Tracking execution and order inflow consistency matters more over time.

Sources:

NDTV Profit

businesstoday

businessstandard