Rites secures significant contract worth Rs 467 crore from NLC India
Rites has announced that it has secured a major order for providing comprehensive engineering and project management services from NLC India worth Rs 466.55 crore.
As per the terms of the contract, the company would prepare feasibility study report (FSR), detailed project report (DPR), undertake detail engineering (DE), and provide project management on a turnkey depositary mode on a cost-plus-fees basis.
The above services pertain to the construction and commissioning of railway siding at Machhakata coal Mine and adjacent New Patrapara South coal Mine.
RITES, a Miniratna (Category-I) Schedule 'A' public sector enterprise, is a leading player in the transport consultancy and engineering sector in India.