Deals16 Jul 2024, 02:16 pm
RITES Ltd Secures Major Order of Rs. 42.53 Crore from Public Works Roads Department, Assam
AI Summary
RITES Ltd, a Schedule ‘A’ Enterprise of Govt. of India, has been awarded a significant order by the Public Works Roads Department (PWRD), Government of Assam for Consultancy Services for Third Party Monitoring & Quality Control for 47 Roads (Length 996.70 km) across Assam under Asom Mala 2.0 for the year 2023-24. The order is worth Rs. 42.53 Crore exclusive of GST and is to be executed within 18 months. This order does not fall under related party transactions.
Key Highlights
- RITES Ltd secures a major order of Rs. 42.53 Crore from Public Works Roads Department, Assam
- Order for Consultancy Services for Third Party Monitoring & Quality Control for 47 Roads across Assam under Asom Mala 2.0
- Order value is Rs. 50.18 Crore inclusive of 18% GST
- Order to be executed within 18 months
- Order does not fall under related party transactions