Rail Vikas Nigam (RVNL) has incorporated a wholly-owned subsidiary company named as ‘Masakani Paradeep Road Vikas’.
RVNL executes all types of railway projects including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, among others. In July 2023, the company received a letter of award (LoA) for two packages 16 and 17 of Madhya Pradesh Poorv Kshetra Vidyut Vitran (MPPKVVCL) in Jabalpur.
To implement National Rail Vikas Yojana (NRVY), RVNL, a Navratna CPSE under the Ministry of Railways, was incorporated as a 100 percent owned public sector undertakings (PSU).