RITES secures order worth Rs 177.225 crore from Bharat Electronics
The project, awarded on a cost-plus basis, is valued at approximately ₹177.225 crore (excluding GST) and includes the PMC fee. The timeline for completion is set at 24 months from the date of agreement.
This new order further strengthens RITES' footprint in defence and industrial infrastructure development. Notably, the contract is a domestic order and does not involve any related party transactions.
The partnership reflects growing collaboration between public sector enterprises in delivering high-end manufacturing infrastructure tailored to India's strategic sectors.
About RITES:
RITES Ltd. is a leading government-owned engineering consultancy company that serves the transport, infrastructure, and related sectors in India and abroad.
About BEL:
Bharat Electronics Limited is a Navratna PSU under the Ministry of Defence, focused on manufacturing advanced electronics for the Indian Armed Forces and other sectors.
Ahmedabad Plane Crash
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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