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Main objects of Rail Vikas Nigam Limited

The main objects contained in the Memorandum of Association of the Company are as follows:
  • 1. "To enter into and carry on business relating to creation and augmentation of capacity of rail infrastructure including the Golden Quadrilateral and its Diagonals connecting the four metros and any other project(s) under National Rail Vikas Yojana and any or all activities connected thereto, such as:
    1. i) plan, design, develop, build, upgrade, convert, modernize, operate and maintain any or all types of rail infrastructure;
      ii) construction of new railway lines, doubling, laying of multiple lines, strengthening of conversion of existing railway lines;
      iii) construction of new railway bridges, strengthening or rebuilding of existing railway bridges;
      iv) electrification, grade separation of level crossings, construction of freight bye pass, creation and augmentation of passenger/freight terminals;
      v) construction of workshops, repair shops, running sheds, and maintenance facilities;
      vi) provision of modern signalling and telecommunication systems, train control systems, safety and disaster management systems; and
      vii) upgrading of track, rolling stock and terminals for running high speed freight and passenger trains.
  • 2. Acquire, purchase, licence, concession, or assign rail infrastructure assets including contractual rights and obligations.
  • 3. a) To carry on business relating to railway related and other construction and to enter into contracts in India or abroad on a turnkey basis or otherwise either individually or jointly with other undertakings and companies or persons abroad or in India, including supply, erection and commissioning of equipment and all services ancillary thereto. b) To carry on the business/activity/scheme like Build Own Transfer (BOT), Build Own Operate Transfer (BOOT), Build Lease Transfer (BLT) or any other scheme or project found suitable in and related to the field of construction and operation or Railway network.
  • 4. To provide consultancy services for undertaking line capacity, freight marketing, engineering and traffic surveys, geo-technical investigations, conceptual planning and feasibility studies, detailed design and engineering, environment impact assessment, construction supervision and project management, operation and maintenance, quality assurance, procurement services, training, investment planning, organizational restructuring, privatization, planning and estimation of fleet requirements, rehabilitation and improvement of rolling stock repair and servicing facilities, operation and maintenance services, quality assurance, human resource development, project consultancy and management services, computer services, energy management, environment engineering, industrial engineering and other infrastructural facilities in connection with the business as referred to in sub-clause (1) to (3) above.
  • 5. Computerization projects related to all rail business areas in connection with the business as referred to in sub-clause (1) to (4) above."