RITES Limited is a Miniratna (Category-I) Schedule ‘A’ Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India, secured an order for Rs. 499.41 crores from Bangalore Metro Rail Corporation Limited.
More details:
- Consortium of RITES Limited has secured a new business order for Construction of Depot cum Workshop for Rs. 499.41 crores from Bangalore Metro Rail Corporation Limited.
- The share of RITES Limited in the order is 51%.
About BMRCL:
- The Bangalore Metro Rail Corporation Limited is a Joint venture of Government of India and Government of Karnataka, entrusted with the responsibility of implementation of Bangalore Metro Rail project.
- The Phase-1 of the project which is already under operation consists of 42.3 kms with 40 stations.
- The East West Corridor is 18.2 kms and the North South Corridor is 24.1 Kms long.
- The underground section, which is 8.80 kms long, has seven stations including the interchange station of Majestic.
About RITES Limited:
- RITES Limited is a Miniratna (Category-I) Schedule ‘A’ Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach.
- Company has an experience spanning 47 years and has undertaken projects in over 55 countries including Asia, Africa, Latin America, South America and Middle East regions.
- RITES Limited is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia).
Source: RITES -Press Release | Image Credit (representational): BMRCL
