RITES has recently informed exchanges that the company received a Rs 36.36 crore order from Delhi Metro Rail Corporation Limited (DMRC) for retrofit work on RS-1 trains. The contract, awarded to a domestic entity, will be executed over 3 years and excludes GST.
Key Contract Details:
You might also like
- Awarding Entity: Delhi Metro Rail Corporation Limited (DMRC)
- Nature of Work: Retrofit Work in RS-1 Trains
- Contract Type: Domestic
- Execution Timeline: The project is to be completed within three years from the issuance of the Letter of Award.
- Contract Value: RITES’ share is approximately ₹36.36 crore, excluding GST.
With a growing focus on modernizing public transport systems in India, RITES is poised to play a vital role in the future of urban mobility.
