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Business
Ashoka Buildcon Secures ₹602 Cr Contract from RVNL for Uttarakhand Rail Project
✍️ CNBC TV18
🗓 30 Aug 2026, 01:18 PM
👁 7
Infrastructure firm Ashoka Buildcon has been awarded a ₹602 crore contract by Rail Vikas Nigam Limited to undertake a railway project in Uttarakhand.
Ashoka Buildcon Ltd., a leading Indian infrastructure contractor, has secured a contract worth ₹602 crore from Rail Vikas Nigam Limited (RVNL) to execute a railway development project in the state of Uttarakhand. The order, announced by RVNL, marks a significant addition to the company's portfolio of transport infrastructure assignments.
The project is expected to enhance rail connectivity across the hilly terrain of Uttarakhand, facilitating smoother passenger and freight movement. Officials anticipate that the new line will spur regional economic activity and generate employment opportunities for local workers during the construction phase.
RVNL, a central public sector undertaking under the Ministry of Railways, has been focusing on expanding the rail network in underserved regions. Ashoka Buildcon, which has previously delivered road and bridge works across the country, will now apply its expertise to this rail venture, with an anticipated completion timeline spanning several years.
The project is expected to enhance rail connectivity across the hilly terrain of Uttarakhand, facilitating smoother passenger and freight movement. Officials anticipate that the new line will spur regional economic activity and generate employment opportunities for local workers during the construction phase.
RVNL, a central public sector undertaking under the Ministry of Railways, has been focusing on expanding the rail network in underserved regions. Ashoka Buildcon, which has previously delivered road and bridge works across the country, will now apply its expertise to this rail venture, with an anticipated completion timeline spanning several years.