RITES bags biggest ever work order worth Rs 4,027 cr

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RITES ISSUE TENDER
RITES Ltd, a Public Sector Enterprise under the Ministry of Railways, has issued a tender for the work of "Manufacture, Supply, Delivery, and Stacking at Site.
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NEW DELHI (Metro Rail News): Officials announced on Friday that RITES Limited, a prominent transport infrastructure consultancy and engineering firm, has received the Railway Ministry’s highest-ever work order for railway track construction, costing Rs 4,027 crore.

This turnkey order, according to a RITES spokesperson, involves three new line projects with a total cost of Rs 4,027 crore: Belgam-Dharwad through Kittur, Shimoga-Shikaripura-Ranebennur, and Tumkur-Devangree via Chitradurga.

RITES is now working on a doubling project at Gooty-Dharmavaram and a 140-kilometre third line project at Annupur-Pendra Road, according to the spokesperson.

In response to this instruction, V.G. “We are pleased to have received RITES’ highest-ever order,” said Suresh Kumar, Chairman and Managing Director (Additional Charge), RITES Limited. This new contract demonstrates our project delivery skills and competence in major infrastructure projects.

Kumar continued, “It also reflects our efforts to consolidate our order book in the tough business environment.”

RITES is a Miniratna and a prominent participant in India’s transportation consultancy and engineering business, with a wide range of services and a large geographic footprint.

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