Deals8 Oct 2024, 02:34 am
RITES Ltd Secures Major Order from Ntokoto Rail Holdings Pty. Ltd. for Overhauling Diesel Electric Locomotives
AI Summary
RITES Ltd has received a Letter of Award (LOA) from Ntokoto Rail Holdings Pty. Ltd. for the supply and commissioning of overhauled in-service Cape Gauge ALCO Diesel Electric Locomotives. The order includes new Cape Gauge Bogies, Traction Motors, Control System Air braked, etc. The overhauling will be done at a nominated facility with on-site warranty support for one year. The contract is worth 5.40 Million USD (CIF).
Key Highlights
- RITES Ltd has secured a significant order from Ntokoto Rail Holdings Pty. Ltd.
- The order involves the supply and commissioning of overhauled Diesel Electric Locomotives with new components.
- The overhauling will be done at a nominated facility with on-site warranty support for one year.
- The contract is worth 5.40 Million USD (CIF).
- This is a major achievement for RITES Ltd in the international market.