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 : India and Bhutan to collaborate for bilateral ties ensuring formal scopesNews Must Read
- NSIC received Rs 67 crore LoA from RITES Limited
- BPCL Secures 5th Spot in Business World Real 500
- HPCL Logo declared as a 'Well Known Trademark'
- NTPC announces commercial operation of second unit of North Karanpura Super Thermal Project
- PSU Rail unit bags order from Municipal Corporation of Mumbai City
- HPCL-CSR: Breaking Barriers - A Triumph of Resilience
- NCL launches vendor development program in collaboration with MSME, Rewa
- Good News for LIC Employees; announces 17% wage hike
- IRCON International Ltd received LoA by NHIDCL for major constructions
- EIL celebrates 60th Foundation Day