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RITES emerges as successful bidder for supply of locomotives & coaches

17 Feb 2020 Evaluate

RITES has emerged as a successful bidder for supply of Locomotives, Coaches and DEMUs (Diesel electric Multiple Units) to a Cape Gauge country. The company has submitted the price bid for the contract amount of around Rs 680 crore and discussion on contract documents are expected to conclude soon. These Locomotives, Coaches and DEMUs will be manufactured at production unit of Indian Railways. The company is nominated agency of Indian Railways for such exports.

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.

Peers
Company Name CMP
NBCC (India) 82.42
Rites 207.85
Mold-Tek Tech 196.90
Dhruv ConsultancySer 21.80
Telge Projects 224.15
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