Deals22 Mar 2026, 09:30 am
RITES Secures Major Order from RDSO for Comprehensive Maintenance Contract Worth Rs. 105.69 Crore
AI Summary
RITES Ltd has been awarded a comprehensive maintenance contract by Research Designs and Standards Organisation (RDSO), Lucknow for a dedicated test track between Gudha and Thathana Mithri stations of Jodhpur division of NWR. The contract, valued at Rs. 105.69 Crore excluding GST, is to be executed over a period of 60 months from the date of issuance of LOA. This is a transaction between Government and Government Company, and does not fall under related party transactions.
Key Highlights
- RITES secures comprehensive maintenance contract from RDSO for dedicated test track
- Contract worth Rs. 105.69 Crore excluding GST
- To be executed over 60 months from LOA issuance
- Transaction between Government and Government Company
- Not a related party transaction