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Rites has signed a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation (HPCL), a Maharatna CPSE under the Ministry of Petroleum & Natural Gas, to provide consultancy services for the development of railway siding infrastructure across HPCL’s facilities.

Under the MoU, Rites will provide end-to-end consultancy services from concept to commissioning for railway siding projects, including feasibility studies, final location surveys, detailed project reports (DPRs), detailed engineering, project management consultancy, construction supervision, and coordination with Indian Railways for statutory approvals.

The collaboration aims at strengthening rail-based logistics infrastructure for the efficient movement of petroleum products by supporting the development of new railway sidings, rail connectivity, and the upgradation of existing infrastructure. By leveraging RITES' expertise in railway infrastructure and project management, the partnership seeks to enhance logistics efficiency and support HPCL's infrastructure development initiatives across its facilities. 

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

234.45 3.30 (1.43%)
07-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
NBCC (India) 95.20
Central Mine Plan. 250.10
Rites 234.45
Monarch Surveyors 231.00
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