Rites has emerged as lowest bidder (L-1) in tender from Sri Lanka Railways for the supply of Broad Gauge Diesel Multiple Unit (DMU) Train Sets, subject to due process of scrutiny/ evaluation. The estimated value of the bid is around Rs 400 crore ($41.45 million). The order is to be executed within 12 months from opening of Letter of Credit (LC).
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.
