RITES has secured additional contract value of Rs 436 crore. The company has been executing a project of Indian Railways for setting up of wagon workshop at Dalmianagar for which the initial contract cost was Rs 89 crore.
The enhanced scope and revision in estimates has resulted in additional contract value of Rs 436 crore. The work is scheduled to be started in the last quarter of this financial year. This project is a turnkey work being done on fixed fee basis by RITES.
RITES, an ISO 9001:2008 company, is a multi-disciplinary consultancy organization in the fields of transport, infrastructure, and related technologies. It provides a comprehensive array of services under a single roof and believes n transfer of technology to client organizations.
