(Indian Railways): Rail Vikas Nigam Limited (RVNL)
Rail Vikas Nigam Limited (RVNL)
About RVNL:
Government of India has conceived a massive investment plan for rail sector to eliminate capacity bottlenecks on Golden Quadrilateral and Diagonals to provide strategic rail communication links to ports, construction of mega bridges for improving communication to the hinterland and development of multi-modal transport corridors.
Rail Vikas Nigam Limited (RVNL), is a Special Purpose Vehicle created to undertake project development, mobilization of financial resources and implement projects pertaining to strengthening of Golden Quadrilateral and Port Connectivity. It is the first major non-budgetary initiative for creating rail transport capacity ahead of demand and on a commercial format. RVNL has been registered as a company under Companies Act 1956 on 24.1.2003. It is a wholly owned Government company under the provisions of Section 617 of Companies Act. Certificate of Incorporation was obtained on 24.1.2003. .
Mission:
-
Creating state of Art rail transport capacity to meet growing demand.
-
Executing projects on fast track basis by adopting international project execution, construction, management practices and standards.
-
To make the Project implementation process, efficient both in terms of cost and time.
-
Adhering to sound business principles and prudent commercial practices to emerge India’s top rail infrastructure PSU.
-
To implement Rail Infrastructure Project on commercial format through various Public Private Partnership models.
-
To achieve International Quality Standards through innovations.
-
To implement Rail Infrastructure Projects on commercial format through various Public Private Partnership Models.
-
To achieve project completions in target time and with best quality.
-
Involving private sector in financing the construction of projects and development of efficient models of Public Private Partnerships with joint venture SPVs with equity participation by Strategic & Financial Investors including funding options from external multilateral agencies like the Asian Development Bank.
Important Links:
Contact Details:
RAIL VIKAS NIGAM LIMITED
Plot No. 25, First Floor,
August Kranti Bhawan,
Bhikaji Cama Place,
R. K. Puram,
New Delhi - 110066
Fax: 91-11-26182957
Website: www.rvnl.org
Courtesy: RVNL