Rail Vikas Nigam Ltd receives LOA from East Central Railway

Rail Vikas Nigam Limited has received LOA from East Central Railway for "Construction of doubling work including earth work, blanketing, minor bridges, major bridges, station & other buildings, platform work, LC work and other miscellaneous works for 25T Indian Railway Standard Loading from Kundawa Chainpur (excl.) to Raxaul (excl.) (i.e. Ch.145.500 to 186.540) (total- 41.04 km) in connection with doubling of Sitamarhi-Raxaul section in Samastipur Division of East Central Railway.

The order size is INR 358,97,42,420.53./- (Rupees Three hundred fifty-eight crores, ninety-seven lakhs, forty-two thousand, four hundred twenty rupees and fifty-three paise only), including 18% GST. Paradeep Phosphates Approves ₹250-Crore Aluminium Fluoride Plant in Paradeep In a key strategic move towards value addition and operational diversification, Paradeep Phosphates Limited (NSE: PARADEEP | BSE: 543530) has announced that its Board of Directors approved the setup of an Aluminium Fluoride (AlF3) manufacturing plant at its Paradeep facility in Odisha during its board meeting held on July 28, 2026.

			PROJECT SNAPSHOT
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   * Asset Type         : Aluminium Fluoride (AlF₃) Plant
   * Location           : Paradeep, Odisha
   * Plant Capacity     : 15,000 MTPA
   * Project Investment : ~₹250 Crore
   * Core Feedstock     : Hydrofluorosilicic Acid (HFSA)
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Strategic Rationale & Expected Benefits

By-Product Monetization: The plant will utilize Hydrofluorosilicic Acid (HFSA)-a low-value by-product generated during the manufacturing of phosphoric acid-and convert it into high-value AlF3.

Revenue Diversification: Marks Paradeep Phosphates' entry into the Industrial Chemicals & Fluorine Chemicals domain, broadening its revenue base beyond core phosphatic fertilizers.

Margin Expansion: Processing internal HFSA into AlF3 is expected to enhance overall operating margins and unit profitability.

Sustainability & Circular Economy: Strengthens fluorine recovery and management within the complex, advancing the company's circular economy and ESG practices.

Future Optionality: Lays the foundation for potential downstream expansion into specialty fluorine-based chemical derivatives.

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 222.90 as compared to the previous close of Rs. 224.80. The total number of shares traded during the day was 258541 in over 2373 trades.

The stock hit an intraday high of Rs. 224.35 and intraday low of 222.05. The net turnover during the day was Rs. 57612888.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL LOA OrderWin