New Delhi: Rail Vikas Nigam Limited (RVNL) has received a Letter of Award (LoA) from the Ministry of External Affairs (MEA) for preparing a Detailed Project Report (DPR) for the establishment of a Professional and Technical Education Centre (PTEC) in Seychelles.
According to RVNL’s regulatory filing dated October 29, 2026, the contract is valued at Rs 55 lakh, excluding applicable taxes. The assignment is to be completed within six months from the date of execution of the contract.
The project involves preparing a comprehensive Detailed Project Report for the proposed education centre, which aims to support the development of professional, vocational and technical education in Seychelles.
Key Details of the RVNL Contract
The major details of the contract awarded to RVNL are as follows:
- Awarding Authority: Ministry of External Affairs (MEA), Government of India.
- Project: Preparation of a Detailed Project Report for a Professional and Technical Education Centre (PTEC).
- Project Location: Seychelles.
- Contract Value: Rs 55 lakh, excluding taxes.
- Contract Duration: Six months from the date of execution.
- Nature of Contract: International project awarded by a domestic entity.
RVNL stated that the assignment falls within the normal course of its business activities. The project is expected to strengthen the company’s involvement in international infrastructure and consultancy-related assignments.
Read also: RVNL Invites ₹297.45 Crore Bid for Kolkata Metro Purple Line Power and Traction Systems
RVNL Clarifies Related-Party Transaction Status
In its regulatory disclosure, RVNL clarified that the contract has been awarded by a domestic entity, the Ministry of External Affairs, for a project to be undertaken internationally in Seychelles.
The company also confirmed that its promoters, promoter group and group companies have no interest in the entity awarding the contract.
Furthermore, RVNL stated that the contract does not fall under the category of related-party transactions, in accordance with the applicable regulatory disclosure requirements.
RVNL Expands Its International Project Portfolio
The latest contract highlights RVNL’s continued participation in infrastructure and development projects beyond India. The assignment for the proposed education centre in Seychelles adds another international project to the company’s portfolio.
Through the preparation of the DPR, RVNL will contribute to the planning and development of a professional and technical education facility aimed at supporting skill development and technical training in Seychelles.
About Rail Vikas Nigam Limited (RVNL)
Rail Vikas Nigam Limited (RVNL) is a public sector undertaking under the Ministry of Railways. The company undertakes project development and execution for railway infrastructure, including new railway lines, doubling, electrification, bridges, workshops and other transportation infrastructure projects.
Read also: RVNL Signs MoU with DVC to Develop Rail Infrastructure for Power Plants and Coal Mines
