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RITES secures order worth Rs 55 crore from NHIDCL for highway consulting

09 Jun 2020 Evaluate

RITES has received an order for consultancy services for preparation of detailed project report and providing pre-construction activities for construction of highway tunnels across certain sections on Darcha-Padam road (NH301) including approaches in Himachal Pradesh & Ladhak from National Highways & Infrastructure Development Corporation (NHIDCL). The company is a Joint Venture partner in the said project and its fee is approximately Rs 55 crore.

RITES is a Miniratna (Category – I) Schedule ‘A’ Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach.

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