STOCKWATCH

RITES Ltd Secures Major Order from Ministry of Public Works, Guyana for Construction Supervision

RITES Ltd has been awarded a significant order from the Ministry of Public Works, the Co-operative Republic of Guyana for Construction Supervision of the extension of East Bank- East Coast Road Project Phase 2 (Eccles to Providence) including additional work for existing assignment. The order is worth USD 2,908,824.5 (excluding taxes) and the time period for execution is 18 months of Construction Supervision and 12 months of the Defects Liability Period.

• Order from Ministry of Public Works, Guyana for Construction Supervision
• Value of the order: USD 2,908,824.5 (excluding taxes)
• Time period for execution: 18 months of Construction Supervision and 12 months of Defects Liability Period
• Includes additional work for existing assignment
• RITES Ltd is a Schedule ‘A’ Enterprise of Govt. of India