Navratna PSU Secures ₹729 Crore Railway Electrification Order from South Western Railway

New Delhi, 6 March, 2026: Engineering consultancy and transport infrastructure company RITES Limited has received a revised project estimate worth ₹729.28 crore for railway electrification work from South Western Railway, according to a regulatory filing made with the stock exchanges.

The order relates to electrification of key railway sections in Karnataka, including the **Mysuru–Hassan–Mangaluru corridor and the Hassan–Arsikere line.

Railway Electrification Project Details

The contract has been awarded on a cost-plus turnkey basis, meaning the project cost will include execution expenses along with service fees for RITES.

Key highlights of the order

Project: Railway electrification of Mysuru–Hassan–Mangaluru including Hassan–Arsikere
Awarding Authority: South Western Railway
Project Cost: ₹729.28 crore (excluding GST, including RITES fees)
Nature of Contract: Cost-plus turnkey basis
Execution Period: Ongoing

The revised estimate follows an earlier order secured by the company in 2021 for railway electrification projects from the Ministry of Railways.

Strategic Importance of Electrification

Railway electrification is a key part of India’s efforts to improve energy efficiency, reduce carbon emissions, and lower operational costs in rail transport.

Projects such as the Mysuru–Hassan–Mangaluru corridor are expected to enhance rail connectivity and improve freight and passenger movement across southern India.

Government-to-Government Transaction

The filing also clarified that the transaction is between a government organization and a government-owned company, and therefore does not fall under related party transactions.

As a Schedule ‘A’ public sector enterprise under the Ministry of Railways, RITES continues to play a major role in railway infrastructure development both in India and internationally.