RITES Secures Revised ₹154.65 Cr Railway Electrification Order

RITES Ltd has provided an update on a major order for Project Management Consultancy Services for the Railways Electrification of Bidar-Kalaburagi (Gulbarga) (110 RKM) from South Central Railway. The order, awarded on a Cost Plus turnkey basis, has seen its revised project cost increase to ₹154.65 Crore (excluding GST, including RITES fees), up from the original project cost of ₹97.96 Crore. This is a domestic entity contract, and the execution period is ongoing. The transaction is between government entities.