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RITES receives letter of intent from Bharat Electronics

26 Jul 2025 Evaluate

RITES has received Letter of Intent from Bharat Electronics for Design, Project Management Consultancy (PMC) Services and Construction of Mass Manufacturing Facility for EM SBU at BEL--Palasamudram (AP) on cost plus basis. The estimated project cost is Rs 177.225 crore excluding GST (including PMC fee). The order is to be executed within 24 months from the date of agreement. 

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) 82.18
Rites 208.10
Mold-Tek Tech 192.05
Dhruv ConsultancySer 21.85
Telge Projects 215.00
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