RITES bags order from Tata Steel Ltd for Loco Hiring
The time by which the order is to be executed is 20.04.2027 and the broad consideration or size of the order is Rs 39.63 Crore plus GST.
![RITES bags order from Tata Steel Ltd for Loco Hiring](https://www.psuconnect.in/sdsdsd/rites8.jpg)
RITES an infrastructure leading railway PSU has informed that Tata Steel Limited has given the Letter of Award for Loco Hiring along with operation and maintenance.
Tata Steel Limited, Kalinganagar has given the order for Loco Hiring, operation, and maintenance as a Domestic Entity.
The time by which the order is to be executed is 20.04.2027 and the broad consideration or size of the order is Rs 39.63 Crore plus GST.
Read Also : IndusInd Bank Q1 FY25 results, net profit at 2% YoY
RITES Ltd, formerly Rail India Technical and Economic Service Limited, is a Navaratna central public sector undertaking under India's Ministry of Railways.
Incorporated on April 26, 1974, is a multidisciplinary engineering and consultancy organization providing a comprehensive range of services from concept to commissioning in all facets of transport infrastructure and related technologies.
Read Also : RBI issues guidelines on higher liquidity coverage ratio for retail depositsNews Must Read
- Karnataka Bank Announced record Q1 Net Profit at Rs. 400.33 CR
- NTPC, BHEL shares soar higher amid JV announcement in Budget 2024
- BEL signs tripartite MoU for manufacture of indigenised ammunition
- Goa Shipyard Limited launched first indigenous P1135.6 Frigate
- Chandan Sinha appointed as Non-Executive Part Time Chairman of RBL Bank
- OIL and Dolphin Drilling signs contract for hiring of Blackford Dolphin
- Cmde D.K. Murali, IN (Retd.) Joins as CMD of BECIL
- Samir Chandra Saxena Appointed as Director (Market Operation) of GRID-INDIA
- MOIL CMD bags Title 'CEO of the Year'
- ONGC sign MoU with GSI to advance geothermal exploration in Ladakh