Rail Vikas Nigam Ltd (RVNL), a public sector enterprise, announced on January 15 that it has received a Letter of Acceptance from Bharat Sanchar Nigam Ltd (BSNL) for a major project under the BharatNet initiative. The project focuses on the development, upgrade, and maintenance of the middle-mile network for BharatNet.
In its regulatory filing, RVNL stated that the contract will be executed under the Design-Build-Operate-Maintain (DBOM) model. RVNL will lead the project in collaboration with consortium partners HFCL and ATS.
The total contract value is ₹3,622.14 crore, covering operational expenses over a 10-year maintenance period. The work involves a three-year construction phase followed by maintenance, which is divided into two intervals of five years each.
During the maintenance phase, payments will be made at 5.5% of the capital expenditure for the first five years and 6.5% for the next five years. This project, aligned with RVNL’s core business operations, is expected to strengthen BharatNet’s infrastructure, improving connectivity across India.
Rail Vikas Nigam Ltd (RVNL) is a Government of India enterprise under the Ministry of Railways, established in 2003 to implement and fast-track infrastructure projects across India’s railway network. Specializing in the planning, execution, and management of railway construction and development, RVNL focuses on building new lines, doubling tracks, gauge conversion, electrification, and metro projects.
With its commitment to modernizing India’s rail infrastructure, RVNL has played a key role in enhancing connectivity and operational efficiency, supporting economic growth and regional development. The company’s projects span diverse terrains and challenging conditions, showcasing its engineering expertise and dedication to timely delivery. As a Navratna company, RVNL continues to contribute significantly to India’s rail sector transformation.
