RITES consortium emerges lowest bidder for construction of Railway Line in Bangladesh

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RITES led consortium emerged as the lowest bidder during a competitive bidding process by Bangladesh Railways for ‘Construction of Dual Gauge Railway Line from Bogura to Shahid M. Mansur Ali station of Bangladesh Railway’. 

  • This is an 80 KM long green field project and it has two phases: 1) Preparation of DPR and 2) Construction supervision. 
  • Duration is 13 months for Phase-1 and 30 months for Phase-2. 
  • The project is funded by Exim Bank of India under LOC. 
  • Total Fee Income would be  about Rs. 63 crores and signing of Contract is  expected to take place soon.

About RITES Limited:

  • RITES Ltd., a Government of India Enterprise was established in 1974, under the aegis of Indian Railways. 
  • RITES is incorporated in India as a Public Limited Company under the Companies Act, 1956 and is governed by a Board of Directors which includes persons of eminence from various sectors of engineering and management. 
  • RITES Ltd., an ISO 9001:2015 company, 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 in transfer of technology to client organizations. 
  • In overseas projects, RITES actively pursues and develops cooperative links with local consultants / firms, as means of maximum utilization of local resources and as an effective instrument of sharing its expertise.

Source: RITES-Press Release | Image Credit: RITES

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