STOCKWATCH

RITES Ltd Emerges as Lowest Bidder in Gujarat Urban Development Company Tender

RITES Ltd has emerged as the Lowest Bidder (L-1) in a tender floated by Gujarat Urban Development Company Limited for the appointment of TPI agency for WSS/UGD/STP projects under Amrut 2.0/SJMMSVY for ULBs of Gujarat. The estimated value of the bid is Rs. 28.50 Crore excluding GST. The order is subject to award after the due process of scrutiny and overall evaluation by the Gujarat Urban Development Company Limited as per the requisite requirements mentioned in the tender documents.

• RITES Ltd is the Lowest Bidder (L-1) in a tender floated by Gujarat Urban Development Company Limited.
• The estimated value of the bid is Rs. 28.50 Crore excluding GST.
• The order is subject to award after the due process of scrutiny and overall evaluation by the Gujarat Urban Development Company Limited.
• The tender is for the appointment of TPI agency for WSS/UGD/STP projects under Amrut 2.0/SJMMSVY for ULBs of Gujarat.
• RITES Ltd is a Schedule ‘A’ Enterprise of Govt. of india.