RITES has secured a major work of project Management Consultancy from the Government of Bangladesh amounting to $14.01 million (Rs 99.94 crore) in relation to 4 laning of national highway in Bangladesh.
The company is a lead partner in the JV arrangement and will receive $10.88 million (RS 77.57 crore) out of the total consultancy fee of $14.01 million (Rs 99.94 crore). Amount is inclusive of taxes.
RITES 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.