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RITES bags order worth Rs 414 crore under EPC mode III

20 Jan 2024 Evaluate

RITES has been declared top scorer (H-1) bidder and eligible for award of work as Project Management Consultancy (PMC) for the construction of various infrastructure works at IIT- Bhubaneswar to be undertaken under EPC mode III. The Memorandum of Understanding (MoU) with IIT-Bhubaneswar will be executed with mutually agreed terms & conditions. The Estimated Project cost including PMC fees is estimated to be Rs 414 crore excluding GST.

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.

Rites Share Price

224.25 1.00 (0.45%)
09-Jul-2026 10:31 View Price Chart
Peers
Company Name CMP
NBCC (India) 95.90
Rites 224.25
Central Mine Plan. 268.00
Monarch Surveyors 218.85
Mold-Tek Tech 129.55
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