RITES & APEDB sign MoU to spur infra growth in Andhra 
News Updates

RITES & APEDB sign MoU to spur infra growth in Andhra

RITES has signed an APEDB to support investment facilitation and accelerate infrastructure and industrial development across the state

PSU Watch Bureau

New Delhi: RITES Limited, a leading transport infrastructure consultancy and engineering firm, has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) to support investment facilitation and accelerate infrastructure and industrial development across the state.

PSU Watch is now on Whatsapp Channels. Click here to join

The partnership aims to leverage RITES’ technical and sectoral expertise to assist APEDB in building robust infrastructure frameworks that can attract domestic and global investments.

Under the MoU, RITES will offer consultancy services covering feasibility studies, preparation of Detailed Project Reports (DPRs), Project Management Consultancy, bid process management, and Third-Party Inspection and audit services. The collaboration will span multiple sectors, including transport systems, ports, inland waterways, power, water and wastewater management, buildings, and industrial infrastructure.

The agreement is expected to strengthen Andhra Pradesh’s infrastructure development pipeline and complement ongoing efforts to promote industry-ready ecosystems in the state.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

IREDA posts record annual profit of ₹1,873 crore, recommends 7.5% final dividend

NMDC’s FY26 net profit rises 11% to record Rs 7,421 crore; Q4 PAT jumps 35%

HCL board approves awarding contract to Lohum for restarting Gujarat Copper Plant after 6-yr hiatus

India may mandate isobutanol-diesel blending this year; MoRTH eyes truck-trailer interchangeability for EV push

Govt asks PSU fuel retailers to build 30-day LPG buffer stock amid supply concerns