
Deals30 Dec 2025, 05:21 pm
RITES Ltd Secures USD 3.6 Million Order from Berhard Development Corporation, Zimbabwe
AI Summary
RITES Ltd has announced that it has received a Letter of Award for the supply of In-Service Cape Gauge Diesel Electric Locomotives from Berhard Development Corporation (Private) Limited, Zimbabwe. The order is worth USD 3,600,000.00 and is to be executed within 3 months. This is not a related party transaction.
Key Highlights
- RITES Ltd has secured an order from Berhard Development Corporation (Private) Limited, Zimbabwe
- The order is for the supply of In-Service Cape Gauge Diesel Electric Locomotives
- The total worth of the order is USD 3,600,000.00
- The order is to be executed within 3 months
- This is not a related party transaction