RITES Limited Secures Major Maintenance Contract Worth Rs. 105.69 Crore
RITES Limited has received a Letter of Acceptance from the Research Designs and Standards Organisation (RDSO), Lucknow, for a comprehensive maintenance contract. The contract involves the maintenance of a dedicated test track located between Gudha and Thathana Mithri stations within the Jodhpur division of NWR.The contract’s duration is 60 months from the date the Letter of Acceptance was issued. The total consideration for the project amounts to Rs. 105.69 Crore, excluding Goods and Services Tax (GST).
According to the company, the transaction falls under the category of Government to Government Company dealings.
| Particulars | Details |
|---|---|
| a) Name of the entity awarding order(s)/contract(s) | Research Designs and Standards Organisation (RDSO), Lucknow |
| g) Broad consideration or size of the order(s)/contract(s) | Rs. 105.69 Crore excluding GST |
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