New Delhi: RITES Limited, a leading transport infrastructure consultancy and engineering company, has announced that it has secured a major work order worth Rs 36.22 crore (excluding GST) from Damodar Valley Corporation (DVC).
The contract involves the annual maintenance contract (AMC) of railway siding tracks, operation and maintenance of signaling and telecommunication (S&T) systems, and operation of 25KV overhead equipment (OHE) isolators and associated systems at DVC’s Mejia Thermal Power Station in West Bengal.
According to the company’s regulatory filing, the contract will be executed over a period of 730 days from the commencement of work. The order has been awarded by a domestic entity and does not fall under related party transactions.
Commenting on the development, RITES said the order further strengthens its operational portfolio in the energy sector and reinforces its expertise in railway system operations and maintenance.
This order adds to RITES’ growing pipeline of projects in India, supporting its strategy of expanding its footprint in infrastructure and allied sectors.
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