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RITES secures $35.20 million Locomotive supply order from Ndalama Capital

23 Dec 2025 Evaluate

RITES has received Letter of Award from Ndalama Capital (Pty), South Africa for supply and commissioning of in-service Cape gauge ALCO diesel electric locomotives on CIF Basis, South Africa. The total consideration of the order is $35.20 million and is to be executed within 18 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) 82.31
Rites 207.45
Mold-Tek Tech 197.00
Dhruv ConsultancySer 22.37
Telge Projects 215.00
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