Rail Infra stock, RITES Ltd wins LoA from South Central Railway

The time needed to execute the order is 8 months, and the cost of the project is Rs 27.96 crore.

Rail Infra stock, RITES Ltd wins LoA from South Central Railway
Rail Infra stock, RITES Ltd wins LoA from South Central Railway

State-owned RITES Ltd announced that it has received a Letter of Acceptance from South Central Railway worth Rs 27.96 crore.

RITES has received a Letter of Acceptance for “Carrying out a Final Location Survey involving the Preparation of a DPR, a Final Alignment Design, a Traffic Survey Report, ROR calculations, a Detailed Estimate, and the Preparation of EPC documents for the High-Speed Elevated Rail Corridor between Hyderabad-Bengaluru and Hyderabad-Chennai using Modern Survey Techniques, e.g., Airborne or Terrestrial LIDAR" from South Central Railway, and a formal agreement shall be executed in due course, as per the regulatory filing made.

The time needed to execute the order is 8 months, and the cost of the project is Rs 27.96 crore.

 

Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel

Read Also : BEML CMD, Shantanu Roy shares bold and future-ready vision at NUTI Summit 2025

Shares of RITES Ltd surged over 1.3% at Rs 212.16.

Read Also : NTPC Talcher Kaniha planted 6,000 trees in tree plantation program

Note*: All the articles and given information on this page are information based and provided by other sources . For more read Terms & Conditions