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Rail Vikas Nigam (RVNL) is a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Railways. The company was established in 2003 to deliver modern and critical Rail infrastructure projects. RVNL was incorporated with an objective to undertake rail project development, mobilization of financial resources and implementation of rail projects pertaining to strengthening of golden quadrilateral and port connectivity and raising of extra- budgetary resources for project execution.RVNL is in the business of executing all types of railway projects including new lines, doubling, 3rd line/4th line, gauge conversion, railway electrification, metro projects, workshops, mega bridges, hilly railway projects, construction of cable stayed bridges, institutional buildings etc. RVNL is executing projects on a fast-track basis by adopting international project execution, construction, management practices and standards.RVNL has been functioning as an executing arm of Indian Railways and works for and on behalf of the Ministry for projects assigned to it for execution. It generally works on a turnkey basis and undertakes the full cycle of project development from conceptualization to commissioning including stages of design, preparation of estimates, calling and award of contracts, project and contract management, etc. The projects are spread all over the country. RVNL’s major client is the Indian Railways and other clients include various central and state government ministries, departments, and public sector undertakings. RVNL is also participating in Metro, Highways, Roadways, Ports, Transmission line, Irrigation, Signalling works, MMLPs and other infrastructure sectors through competitive bidding.Since 2021, RVNL has diversified by winning large number of projects in different sectors such as Metro segment, Irrigation, Road Sector, Municipal Corporation (Ahmedabad). The company also bagged first overseas project in Maldives. Thus, RVNL has transformed itself from Local Rail Infra to Global Rail Infra.Disinvestment of Government of India holding in RVNL:IPO (April 2019) 12.16%OFS (March, 2021) 9.64%,OFS (July, 2023) 5.36%.Business area of the companyRail Vikas Nigam is in the business of executing all types of railway projects including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable stayed bridges, institution buildings etc. It generally works on a turnkey basis and undertake the full cycle of project development from conceptualization to commissioning including stages of design, preparation of estimates, calling and award of contracts, project and contract management, etc. and all stages of project execution upto the stage of commissioning of the new railway lines.Awards and Recognition2012: ICI - UltraTech Endownment Award for Outstanding Concrete Structure of Kerala (Infrastructure) for ‘Rail Bridge to International Transshipment Terminal at Vallarpadam - Cochin’.2013: Awarded Miniratna Category - I status.2014: ICC-DPE PSE Excellence Award for CSR Sustainability.2014: ICC-DPE PSE Excellence Award for Corporate Governance.2015: Governance Now PSU Award for overall financial performance in Miniratna Category.2016: Governance Now PSU Award for best overall performance in Miniratna Category.2017: Dun Bradstreet PSU Award for best performance in the Contract Construction Services.2018: Dun Bradstreet PSU Award for best Miniratna in Services Category.2018: Dun Bradstreet PSU Award for ‘Construction - Infrastructure Development (Railways).2018: Dun Bradstreet Infra Award for ‘Construction of Venkatachalam Junction New Railway Line.2019: Award for best project in Rail Metro (Obulavaripalli-Venkatchalam).2021: Two Skoch Group Awards for Excellence Conferred on RVNL.2021: RVNL Bags the Dun Bradstreet Award as the best Performing PSU in the Category of ‘Contract, Construction Consultancy Services’ for the Year 2021.2021: RVNL Bags Distinction as ‘Winner for Excellence in Corporate Governance 2021’.2023: Quality Innovation National Quality Award 2023.2023: Innovative Technology Adoption 2023.2023: Skoch Gold Award 2023.2023: PSE Excellence Award 2023.2023: Dun Bradstreet PSU Award 2023.2023: Excellence In Project Management Award 2023.2024: Ghazipur Bridge Design 2024.2024: Most Efficient Navratna 2024.2024: Pamban Bridge Design Winner 2024.2024: Majerhat Station Project 2024.2024: CSR Excellence Award 2024.2024: Assocham Project Management Award 2024.2025: Project Management Excellence Award 2025.Major Events Milestones2003: Incorporated as a public company.2003: Categorised as Schedule A company.2013: Granted Miniratna category-I status.2015: The company’s turnover crossed Rs 30,000 million.2017: The company’s turnover crossed Rs 50,000 million.2018: The company’s turnover crossed Rs 75,000 million.2019-20: The Government of India (i.e. Ministry of Railways) announced the divestment of its stake of 12.16% amounting to 25,34,57,280 equity shares of the paid-up equity share capital of the Company through Initial Public Offer (IPO).2020-21: RVNL has implemented E-office by extending it to all RVNL users across all departments and PIUs.2020-21: A mobile app and website ‘SAMPARK-RVNL’ was launched during the year.2021-22: RVNL incredibly achieved 1465 km of Fiber Optic Network and 6Quad Cable network during the year.2022-23: RVNL has achieved ISO certifications on ISO 9001, ISO 14001 ISO 45001 for Quality Management System, Environmental Management System Occupational Health Safety Management System on March 24, 2023.2022-23: RVNL increased its expenditure on project execution from Rs 19,381.71 crore to Rs 20,281.57 crore thus crossing the coveted milestone of Rs 20,000 crore.2023-24: The Marathwada Rail Coach Factory (MRCF) in Latur, Maharashtra, has been commissioned.2023-24: The company etched a significant milestone in its history in May 2023 with the coveted Navratna status by the Government of India.2024-25: Achieved breakthrough of 14.58 km twin-tube tunnel (Devprayag-Janasu) in April 2025, with a cutting pace of 413m per month making it the second fastest rail tunnel globally.2024-25: Completed another 6.67 km tunnel section between Gullar and Byasi.2024-25: Commissioned in April 2025, the 2.07 km New Pamban Bridge is India's first vertical-lift railway sea bridge, replacing the 1914 structure.2024-25: As part of the Sonnagar-Patratu Third Line Project, Jharkhand, RVNL successfully commissioned a 10.47 km stretch in March 2025.2024-25: The Marathwada Rail Coach Factory (MRCF), a state-of-the-art facility built by RVNL and commissioned in December 2020, reached full operational maturity during FY 2024-25.
