RITES Limited — New Orders, 06-03-2025: Bagging/Receiving of orders/contracts

RITES has secured a major order from South Central Railway for conducting a Final Location Survey, which includes the preparation of the Detailed Project Report (DPR), final alignment design, traffic survey report, ROR calculations, and EPC documentation for the high-speed elevated rail corridor between Hyderabad-Bengaluru and Hyderabad-Chennai. The contract value is approximately ₹27.96 Crores, excluding GST, with an execution timeline of eight months. This domestic contract signifies RITES' ongoing engagement with governmental entities, presenting a positive outlook for future projects and responsibilities within India's infrastructure development. Investors should monitor the execution progress and potential future orders arising from this engagement.