Rail Vikas Nigam Ltd. (India)

Rail Vikas Nigam Limited, headquartered in New Delhi, India, was established in 2003. The company operates in the construction, real estate, and mobility and transportation industries. It provides rail transport and rail infrastructure services. Rail Vikas Nigam Limited employs 501-1,000 people. The company is an equity partner in a special purpose vehicle with 12 major ports under the Ministry of Shipping. It has been entrusted with conducting feasibility studies for high-speed rail corridors. Rail Vikas Nigam Limited has established six special purpose vehicles through public-private partnerships. The company implements projects by awarding composite contracts on a turnkey basis according to international practices and standards. High Speed Rail Corporation of India Limited, a fully owned subsidiary of Rail Vikas Nigam Limited, was incorporated in July 2012. Rail Vikas Nigam Limited was created with the objectives of raising extra-budgetary resources and implementing projects to enhance rail infrastructure capacity. In addition to doubling and gauge conversion, the company has diversified into railway electrification, railway workshops, metro railways, and technically challenging new hill railway lines.