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Rail Vikas Nigam Ltd.
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General
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Details
Legal residence:India
Organization type:Engineering firm
Funding agencies: OPEC Fund for International Development, Asian Development Bank (HQ), Reconstruction Credit Institute /Kreditanstalt fur Wiederaufbau (HQ), World Bank HQ, Other, French Development Agency (HQ), Asian Infrastructure Investment Bank
Sectors: Civil Engineering, Transport
About
Rail Vikas Nigam Limited (RVNL) was incorporated as a Public Sector Undertaking for the mandate to:
- Undertake and execute successfully the project development, financing and implementation of projects related to rail infrastructure
- Mobilize financial and human resources for project implementation
- Ensure timely execution of projects with least cost escalation
- Maintain a cost effective organizational set up
- Encourage public private participation in rail related projects managed by RVNL
- Be an infrastructure Project Execution Company committed to sustainable development and environment friendly construction practices of rail related projects in the country
- Acquire, purchase, license, concession or assign Rail infrastructure assets including contractual rights and obligation with the approval of MoR whenever required
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