RITES, in consortium, secures Rs 79.22 crore share in Patna Metro consultancy contract

New Delhi: Engineering consultancy and transport infrastructure company RITES Limited has secured a major consultancy assignment in consortium for the implementation of the Patna Metro Rail Construction Project, with the company's share of the contract valued at approximately Rs 79.22 crore (excluding GST).

Follow The PSUWatch Channel on WhatsApp

In a regulatory filing, RITES said the contract has been awarded by Patna Metro Rail Corporation Limited for providing consultancy services for the implementation of the Patna Metro Rail Construction Project. The project has been awarded by a domestic entity and will be executed over a period of 68 months.

Follow PSU Watch on LinkedIN

The consultancy assignment is expected to support the timely execution and effective implementation of the Patna Metro project, a key urban transport initiative aimed at enhancing public mobility and easing traffic congestion in Bihar's capital city. Through its role in the consortium, RITES will leverage its expertise in project management and railway infrastructure consultancy to contribute to the development of the metro network.

(PSU Watch is India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy. 👉 Click to join our channel now: PSUWatch WhatsApp Channel. Prefer LinkedIn? Follow PSU Watch on LinkedIN. Click to stay connected on Twitter here and stay updated)