RITES Ltd shares gains over 1.32%, secures tender from DMRC
The time tenure to complete the project is 3 Years from the date of issuance of Letter of Award. The cost of the project makes RITES Share Rs. 36.36 Crore approx. excluding GST.
RITES Consortium emerges as the lowest bidder (L-1) in the tender floated by Delhi Metro Rail Corporation (LOA) on November 05, 2024, for Retrofit Work in RS-1 Trains of DMRC.
The time tenure to complete the project is 3 Years from the date of issuance of Letter of Award. The cost of the project makes RITES Share Rs. 36.36 Crore approx. excluding GST.
RITES Limited, a Navratna, and Schedule 'A' Central Public Sector Enterprise under the 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.