MoneyWorks4Me

RITES emerges as lowest bidder for railway electrification work

16 Jun 2021 Evaluate

RITES has emerged as lowest bidder for a tender called by Railway Board, Ministry of Railways for railway electrification work on turnkey basis. The tender for two packages, package - 1 for 779 RKM on Southern Western Railway and package - 2 for 762 RKM on Northeast Frontier railways, will aggregate to Rs 1741 crore.

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 196.25
Dhruv ConsultancySer 21.80
Telge Projects 218.05
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