Rail Vikas Nigam
Rail Vikas Nigam Limited (RVNL) is an Indian central public sector enterprise 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. It is a ‘Navratna’ CPSE in India under the administrative control of the Indian Ministry of Railways.
| Company type | Public Sector Undertaking |
|---|---|
| BSE: 542649 NSE: RVNL | |
| Industry | Railway infrastructure |
| Founded | 24 January 2003 in New Delhi, India |
| Headquarters | August Kranti Bhawan, Bhikaji Cama Place, R. K. Puram, New Delhi , India |
Area served | India |
Key people | |
| Revenue | ₹ 19,381.71 Cr (2022) |
| ₹ 1476.14 Cr (2022) | |
| Total assets | ₹ 19,121.42 Cr (2022) |
| Total equity | ₹ 5,631.41 Cr (2022) |
| Owner | Government of India (78.20%) |
Number of employees | 515 (March 2022) |
| Subsidiaries |
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| Website | rvnl |
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.