Deals12 Nov 2025, 03:20 pm
RITES Ltd Secures Major Order from Cochin International Airport Limited for Construction of Regulator cum Bridge
AI Summary
RITES Ltd has been awarded a Letter of Award from Cochin International Airport Limited for the construction of a Regulator cum Bridge (RCB) across Chengalthodu at Chengal, Kanjoor Panchayath near the airport on a turnkey basis from concept to commissioning (cost plus fee basis). The project is estimated to cost Rs. 52.00 crore exclusive of GST and is to be executed within 24 months. This is not a related party transaction and no promoter/promoter group companies have any interest in the entity that awarded the order.
Key Highlights
- RITES Ltd secures major order from Cochin International Airport Limited.
- Order for the construction of a Regulator cum Bridge (RCB) across Chengalthodu at Chengal, Kanjoor Panchayath near the airport.
- Project to be executed on a turnkey basis from concept to commissioning (cost plus fee basis).
- Estimated project cost is Rs. 52.00 crore exclusive of GST.
- Project to be completed within 24 months.