Deals3 Nov 2025, 10:01 pm
RITES Ltd Secures Major Order of Rs. 372.68 crore from National Institute of Mental Health & Neuro Sciences
AI Summary
RITES Ltd has received a Letter of Award from the National Institute of Mental Health & Neuro Sciences for 'PMC for the construction of New Outpatient Department (OPD) building at NIMHANS Bangalore campus to be undertaken on turnkey basis.' The order is worth Rs. 372.68 crore exclusive of GST and the execution period is 36 months.
Key Highlights
- RITES Ltd secures a major order of Rs. 372.68 crore from the National Institute of Mental Health & Neuro Sciences.
- The order is for 'PMC for the construction of New Outpatient Department (OPD) building at NIMHANS Bangalore campus to be undertaken on turnkey basis.'
- The execution period for the order is 36 months.
- The order is worth approximately Rs. 372.68 crore exclusive of GST.
- This is a new launch in the infrastructure and construction sector for RITES Ltd.