RITES Limited — New Orders, 19-10-2024: Bagging/Receiving of orders/contracts

RITES has secured a major order from Andhra Pradesh Power Generation Corporation for a turnkey project to provide a bye-pass line connecting RTPP yard to Kalamalla Railway Station. This order, originally awarded on a Project Management Consultancy basis, is valued at ₹53.5 crore (excluding GST) and is expected to be executed within 18 months. There are no related party interests involved in this contract.