Deals24 Jun 2025, 09:37 pm
RITES Ltd Receives Major Order from Gujarat Urban Development Company Limited Worth Rs. 28.50 Crore
AI Summary
RITES Ltd has received a Letter of Intent from Gujarat Urban Development Company Limited for the appointment of TPI agency for WSS/UGD/STP projects under Amrut 2.0/SJMMSVY for ULBs of Gujarat. The contract is worth Rs. 28.50 Crore exclusive of GST and is to be executed over a period of 60 months. This is a domestic order and does not fall under related party transactions.
Key Highlights
- RITES Ltd has received a major order from Gujarat Urban Development Company Limited.
- The order is for the appointment of TPI agency for WSS/UGD/STP projects under Amrut 2.0/SJMMSVY for ULBs of Gujarat.
- The contract is worth Rs. 28.50 Crore exclusive of GST.
- The order is to be executed over a period of 60 months.
- This is a domestic order and does not fall under related party transactions.