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RITES receives LOA from Ntokoto Rail Holdings

08 Oct 2024 Evaluate

RITES has received the letter of award (LOA) from Ntokoto Rail Holdings for Supply and commissioning of overhauled in-service Cape Gauge ALCO Diesel Electric Locomotives fitted with new Cape Gauge Bogies, Traction Motors, Control System Air braked, etc. overhauled at nominated facility and on-site warranty support for one year. Broad consideration or size of the order is $5.40 Million (CIF). The said order is expected to be executed in 6 months.  

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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