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RITES secures new order worth Rs 148 crore

PSU Watch Bureau

New Delhi: State-owned RITES stated in a regulatory filing on Saturday that "it has secured a business of Third-Party Inspection for the works under Jal Jeevan Mission (JJM), Rajasthan under the Jurisdiction of PHED Region of Jaipur, Jaipur-I, Jaipur-II and Bikaner."

"The likely cost of works for major projects in the aforementioned regions comes around Rs 11,209 crore," said the filing. "The RITES' fees in the work order cost of JJM works in these regions is 1.32 percent, which comes around Rs 148 crore," it added.

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