Deals3 Jan 2025, 12:42 am
RITES Ltd Secures Major Order from Steel Authority of India Limited- Bhilai Steel Plant for Repair of WDS6 Locomotives
AI Summary
RITES Ltd has been awarded a significant order for 'R3Y/ R6Y Repair of WDS6 Locomotives (43 Nos.)' for a period of 3 years by Steel Authority of India Limited - Bhilai Steel Plant. The domestic order is valued at Rs. 69.78 Crores excluding GST. This order does not involve any related party transactions and will be executed in the given time period of 3 years.
Key Highlights
- RITES Ltd secures a major order from Steel Authority of India Limited- Bhilai Steel Plant.
- The order is for 'R3Y/ R6Y Repair of WDS6 Locomotives (43 Nos.)' for a period of 3 years.
- The order value is Rs. 69.78 Crores excluding GST.
- The order does not involve any related party transactions.
- The order will be executed within the given time period of 3 years.