RITES secures major order from Cochin International Airport Ltd
RITES Ltd. has received a Letter of Award from Cochin International Airport Limited for the “Construction of Regulator cum Bridge (RCB) across Chengalthodu at Chengal, Kanjoor Panchayath near Cochin International Airport Limited on a turnkey basis from concept to commissioning (cost plus fee basis).
New Delhi: State-owned RITES Ltd. has received a Letter of Award from Cochin International Airport Limited for the “Construction of Regulator cum Bridge (RCB) across Chengalthodu at Chengal, Kanjoor Panchayath near Cochin International Airport Limited on a turnkey basis from concept to commissioning (cost plus fee basis).”
The scope of the order consists of the construction of Regulator cum Bridge (RCB) across Chengalthodu at Chengal, Kanjoor Panchayath, near Cochin International Airport Limited, on a turnkey basis from concept to commissioning (cost plus fee basis).
The time period by which the order is to be executed is 24 months, and the estimated project cost is Rs. 52.00 crore exclusive of GST (including PMC fees).
Shares of RITES Ltd closed at Rs 248.66, up by 0.36%.