RITES Wins ₹47 Crore Turnkey Contract

  Published 10 months ago

RITES secures ₹46.82 crore turnkey project from Karnataka’s DCTE, shifting from the PMC model, with a 36-month completion timeline.

  • Contract awarded by the Department of Collegiate and Technical Education, Bengaluru, covering full project cost plus RITES fees.
  • RITES, a Miniratna PSU, specializes in transport consultancy and engineering across diversified sectors and regions.
  • Government of India holds 72.20% stake in RITES as of March 2025, highlighting strong public sector backing.

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