Deals29 Mar 2025, 11:36 pm
RITES Ltd Secures Major Order of Rs. 155.50 Crores from Numaligarh Refinery Limited
AI Summary
RITES Ltd has received a Letter of Award from Numaligarh Refinery Limited for 'Railway Sidings at NRL Panchgram Terminal, 3 Railway Spur at Rangapani (SMT) and Duliajan (Crude Oil TW Loading Railway Siding) of OIL' on a turnkey basis under a cost plus mode, subject to detailed Engineering approval from Railways. The order is worth Rs. 155.50 Crores excluding GST and is to be executed within 24 months from site handover.
Key Highlights
- Order worth Rs. 155.50 Crores from Numaligarh Refinery Limited
- Work to be executed on a turnkey basis under a cost plus mode
- Subject to detailed Engineering approval from Railways
- To be completed within 24 months from site handover
- Involves Railway Sidings at NRL Panchgram Terminal, 3 Railway Spur at Rangapani (SMT) and Duliajan (Crude Oil TW Loading Railway Siding) of OIL