New Delhi, June 24: Rail Vikas Nigam Limited a Navratna CPSE under the Ministry of Railways, has received the Letter of Award from NMDC Limited, another Navratna CPSE under Ministry of Steel for execution of the prestigious “Setting up of Buffer Stockpiles and Blending Yard” project at Visakhapatnam, Andhra Pradesh, at a total project cost of about ₹2,977 crore.
The project envisages the development of a state-of-the-art iron ore handling system comprising buffer stockpiles and blending yards along with integrated civil, material handling and railway infrastructure. Designed with a handling capacity of 10 million tonnes per annum (10 MTPA), the facility will facilitate blending of iron ore to achieve the desired grades required by domestic and international customers and ensure compliance with quality specifications.
RVNL will be responsible for end-to-end execution of the project, from concept to commissioning, encompassing engineering, procurement, construction, installation, testing and associated activities. The project is scheduled to be completed within 42 months and will lead to development of 472 hectares of area.
The proposed modern iron ore logistics hub will provide an efficient ecosystem for storage, blending and movement of iron ore and is expected to play an important role in supporting NMDC’s growing production and evacuation requirements, capacity expansion plans and enhancing India’s ability to cater to both domestic and global iron ore markets.
Leveraging its extensive experience in executing technologically complex and specialized projects, particularly in the railway sector, RVNL has evolved into a diversified infrastructure company with capabilities across railways, metros, highways, ports, telecom, solar and building infrastructure. From successfully delivering the iconic New Pamban Bridge and executing the ongoing Rishikesh-Karnaprayag Rail Link through the challenging Himalayan terrain to undertaking metro projects across around ten cities, including prestigious assignments for Kolkata Metro, and manufacturing state-of-the-art Vande Bharat Sleeper trainsets, RVNL has consistently demonstrated its ability to deliver world-class infrastructure solutions across sectors.
Drawing upon its engineering excellence, multidisciplinary expertise and commitment to adopting modern technologies, innovative construction methodologies and global best practices, RVNL is well positioned to execute this strategically important project and deliver a world-class iron ore handling and logistics facility for NMDC.
The present assignment further strengthens RVNL’s diversification journey and expansion into advanced material handling systems and large-scale industrial infrastructure, while reflecting the confidence reposed by leading public sector enterprises and other clients in the company’s project execution capabilities.
RVNL Statement
Commenting on the development, an official spokesperson for RVNL said:
“India’s growth story increasingly calls for integrated infrastructure ecosystems that seamlessly connect natural resources, industry and logistics networks. As the country’s requirements in the mining and steel sectors continue to expand, world-class material handling and evacuation infrastructure will assume even greater importance. By leveraging its multidisciplinary expertise and technology-driven approach, RVNL is committed to delivering sustainable and future-ready infrastructure solutions that contribute to the vision of Viksit Bharat. We are confident that this project will set new benchmarks in quality and efficiency and further strengthen our capabilities in emerging infrastructure domains.”