Rail Vikas Nigam

Rail Vikas Nigam Limited
Company typeCentral PSU
BSE542649
NSERVNL
IndustryRailway infrastructure
Founded24 January 2003; 21 years ago (2003-01-24) in New Delhi, India
HeadquartersAugust Kranti Bhawan, Bhikaji Cama Place, R. K. Puram,
New Delhi
,
India[1]
Area served
India
Key people
Revenue19,381.71 crore (US$2.3 billion) (2022)
1,476.14 crore (US$180 million) (2022)
Total assets19,121.42 crore (US$2.3 billion) (2022)
Total equity5,631.41 crore (US$670 million) (2022)
OwnerGovernment of India (78.20%)[3]
Number of employees
515 (March 2022)
Subsidiaries
Websitervnl.org

Rail Vikas Nigam Limited (RVNL) is an Indian central public sector enterprise (PSU) which works as the construction arm of the Ministry of Railways for project implementation and transportation infrastructure development. It was incorporated in 2003 to meet the country's surging infrastructural requirements and to implement projects on a fast-track basis as well as for creating a Railway equipment construction company. RVNL is a Navratna PSU in India under the administrative control of the Ministry of Railways, Government of India.

The organization undertakes project execution from concept to commissioning and creates project-specific SPVs. RVNL’s mandate includes the mobilization of extra-budgetary resources (EBRs) through a mix of equity and debts via these SPVs.

  1. ^ "RVNL". rvnl.org. Retrieved 20 May 2023.
  2. ^ "RVNL". rvnl.org. Retrieved 20 May 2023.
  3. ^ "RVNL climbs on bagging orders". Business Standard India. 18 January 2023. Retrieved 9 February 2023.