RITES, SMEC inked MoU to explore infra projects
The collaboration will facilitate knowledge sharing and the development of business proposals.
Senior officials of RITES Ltd and SMEC Group at the Moll-signing ceremony in Gurugram
Gurugram: RITES Limited, a leading Transport Infrastructure Consultancy, and Engineering company signed a memorandum of understanding (MoU) with SMEC Group to cooperate and explore infrastructure projects.
The MoU will enable RITES and SMEC to collaborate and cooperate to explore, identify, pursue, and jointly execute mutually beneficial business opportunities in the infrastructure sector. It will allow both companies to leverage each other's expertise and technologies to optimise operations and expand on a global level.
The collaboration will facilitate knowledge sharing and the development of business proposals, including exploring consultancy opportunities arising at various government/semi-government autonomous bodies or authorities/private entities/multilateral-funding agencies.
About RITES Limited:
RITES Limited is a Miniratna (Category - I) Schedule '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 has experience spanning 47 years and has undertaken projects in over 55 countries across Asia, Africa, South America, and Middle East region. RITES Limited is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand. Malaysia and Indonesia).
About SMEC Group:
SMEC is a global engineering consultancy firm owned by Surbana-Jurong (SJ) Group- a global urban, infrastructure and management consulting firm. Leveraging its 70-year history of providing construction supervision, consultancy services & project management support, SMEC provides technical expertise and advanced engineering services to resolve complex challenges in roads, highways, rail, metro, airports. hydropower, and renewable energy markets and has delivered projects in more than 100 countries.
Read Also : NTPC Barauni Launches 'Bindaas Bol' Program to Empower Students through Conversational English SkillsNews Must Read
- BharatPe Launches India’s first All-in-One Payment Device
- NBCC registers historical Performance in FY2023-24
- RuPay Unveils Link it, Forget it Campaign at IPL 2024 to Promote RuPay Credit Card on UPI
- NTPC Green Energy Limited Inks MoU with Indus Towers Limited
- CIL’s capex up 6.5% to highest Rs.19,840 Crores in FY 2024
- SCOPE presents SCOPE PREMIER LEAGUE
- MCL Ib Valley Washery commenced commercial operation
- HAL bags Rs 65,000 Cr tender by Defence Ministry
- PSBs' growth output superseded Private Lending firms
- Northern Coalfields Limited CMD inspects Amlohri Area