
Deals30 Apr 2024, 02:28 am
RITES Limited Receives Acceptance for BG Passenger Carriages Supply to Bangladesh Railway Worth USD 111.3 Million
AI Summary
RITES Limited has announced that it has received a letter of acceptance from Bangladesh Railway for the supply of 200 Broad Gauge (BG) Passenger Carriages. The contract includes Drawing, Parts Catalogue, Capital & Maintenance Spares, Overseas Training, Study Tour, Service Engineers, De-processing and Commissioning among other deliverables. The order is valued at approximately USD 111.3 million and is to be executed within 36 months.
Key Highlights
- RITES Limited receives letter of acceptance from Bangladesh Railway for 200 BG Passenger Carriages
- Deal includes Drawing, Parts Catalogue, Training, and other deliverables
- Estimated value of the contract: USD 111.3 million
- Completion timeline: 36 months