RITES has bagged a Rs 206 crore contract to construct four road over bridges in Andhra Pradesh from Indian Railways
An MoU will be executed between RITES and South Central Railway in due course, RITES said in a statement
New Delhi: RITES Limited, a Govt of India owned transport infrastructure consultancy and engineering company, has been awarded the contract for construction of road over bridges for Rs 205.85 crore from South Central Railway. This is second such as contract the company has secured in a week from the Indian Railways. During the regulatory filing to the stock exchange on Thursday, RITES Limited has said that it has been awarded the Turnkey contract for construction of Road Over Bridges (ROBs) in replacement of existing level crossings on competition basis from Railway Board amounting to Rs 205.85 crores. A memorandum of understanding (MoU) will be executed between RITES Limited and South Central (SCR) in this regard in due course.
This turnkey contract covers the construction of four nos. of ROBs in replacement of level crossings in Vijaywada division of SCR on Vijaywada-Vishakhapatnam section in the state of Andhra Pradesh.
RITES Limited is a Miniratna PSU under the Ministry of Railways. It is a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. The company has an experience spanning 46 years and has undertaken projects in over 55 countries including Asia, Africa, Latin America, South America and Middle East regions. RITES Limited is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia).
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