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Role of RVNL

RVNL is assigned the following functions:
  • Arranging financial resources for the Projects.  For this purpose, the RVNL would be authorized to approach the Financial Institutions, Banks, Domestic Market and the Bilateral and Multilateral Funding Agencies.
  • Undertaking project development and execution of works.
  • Creating Project specific SPVs for individual works, if required.
  • Commercialization of projects wherever considered necessary and feasible.
  • The concerned Zonal Railways will undertake the operation and maintenance of the Railway Projects on completion of their execution by the RVNL under a specific financial arrangement.
  • For providing a revenue stream to RVNL, the projects may be done by RVNL on BOT concept, where Ministry of Railways is to pay Access Charge/User Charge.