RITES Limited bags new order worth Rs. 361.18 crores from Southern Railway for redevelopment of Kollam railway station

RITES Limited, a Public Sector Enterprise under the Ministry of Railways, bags a new order worth Rs. 361.18 crores for redevelopment of Kollam Railway Station of Southern Railway.

More details:

  • RITES Limited has secured a new business order with JV Partner, for redevelopment of Kollam Railway Station for Rs. 361.18 crores from Southern Railway, Ernakulam, Kerala.
  • The share of RITES Limited in the order is 51%.

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.
  • The company has an experience spanning 48 years and undertaken projects in over 55 countries in Asia, Africa, Latin America, South America, and the Middle East region.
  • RITES Limited is an export arm of Indian Railways for providing rolling stock overseas.

Source: RITES -Press Release | Image Credit: MoR