RITES has renewed Memorandum of Understanding (MoU) with Coal India (a Government of India Enterprise) on July 03, 2020 for Project Management Consultancy Services of Rail Infrastructure business, and construction of rapid loading system, coal handling plants and silos. This MOU has been renewed for a period of five years.
While in the past, such MOU enabled RITES to achieve a fee income of around Rs 100 crore per year, the company is expecting increase in it due to additional scope and several projects expected in the pipeline.
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.
Company Name | CMP |
---|---|
Engineers India | 221.95 |
Rites | 686.80 |
Pitti Engineering | 857.05 |
Kennametal India | 2530.10 |
MTAR Technologies | 1896.80 |
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