New Delhi: RITES Limited has signed a memorandum of understanding (MoU) with Housing and Urban Development Corporation Limited (HUDCO) on Monday. Under this partnership, RITES and HUDCO will collaborate to undertake a comprehensive range of consultancy projects/services from concept to commissioning in the infrastructure space. Additionally, RITES will provide consultancy to projects being financed by HUDCO.
The collaboration between the Navratna PSUs has focus on exhaustive domains from metro rail, roads, airports, ports, ropeways, highways, underpasses and flyovers, tunnels, to the emerging sectors such as energy, water resources and hydropower, wastewater and waste management, urban and industrial building design, commercial and institutional projects, and other urban development and infrastructure-related initiatives.
(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.)