Business Update11 Jul 2026, 01:00 pm
RITES Secures ₹79.22 Cr Consultancy Order for Patna Metro
AI Summary
RITES Ltd, as part of a consortium, has secured a significant order from Patna Metro Rail Corporation Limited for consultancy services related to the implementation of the Patna Metro Rail Construction Project. The contract is valued at approximately ₹79.22 Crore (excluding GST) for RITES' share and is expected to be executed over 68 months. This domestic contract does not involve related parties and is considered a major order for the company.
Key Highlights
- RITES secured a consultancy order for Patna Metro Rail Project.
- The order value for RITES' share is approximately ₹79.22 Crore.
- Project execution timeline is set for 68 months.
- This is a significant domestic contract for the company.
- No related party or promoter interest involved in the contract.
Price Impact
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