Deals29 Aug 2025, 07:16 pm
RITES Ltd Secures Major Order Worth Rs. 25.30 Crore from NTPC Limited
AI Summary
RITES Ltd has been awarded a Biennial MGR Mega Contract for S&T Maintenance, Track Maintenance, MGR operation & DU handling at NTPC Mouda Super Thermal Power Project by NTPC Limited. The contract is worth Rs. 25.30 crore exclusive of GST and is to be executed over a period of 24 months. This is not a related party transaction.
Key Highlights
- RITES Ltd secures order from NTPC Limited worth Rs. 25.30 crore
- Order is for Biennial MGR Mega Contract for S&T Maintenance, Track Maintenance, MGR operation & DU handling at NTPC Mouda Super Thermal Power Project
- Contract period is 24 months
- This is not a related party transaction
- RITES Ltd is a Schedule ‘A’ Enterprise of Govt. of India