RITES Limited
Established in 1974, RITES Limited is a public sector enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. The company is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia).
What RITES files
- Others78
- Updates44
- New Orders43
- Investor Meet36
- Dividend/Bonus19
- Important14
RITES Limited has informed the Exchange about Bagging/Receiving of orders/contracts from Patna Metro Rail Corporation Limited
RITES received an offer acceptance from Volantis Asset Finance, South Africa, for the supply and commissioning of 4000 HP Cape Gauge Diesel Electric Locomotives. Valued at USD 35.82 million, this international order is expected to be executed within 20 months.
RITES secured a ₹175.41 Cr Project Management Consultancy contract from Babasaheb Bhimrao Ambedkar University (BBAU). This involves planning and developing campus infrastructure. The work is expected to be executed over 30 months.
RITES updated its contract with NUPPL. The revised value is Rs. 148.93 Cr for comprehensive O&M of NUPPL/GTPP Railway Siding and wet-lease locomotive hiring. This 5-year project enhances previous work scope.
RITES received an amended NALCO contract for Detailed Engineering & Project Management Consultancy for a railway siding. The contract value increased to ₹118.89 Cr. This project is ongoing.