RITES Limited has secured two significant orders totaling ₹312.75 crore.
- Received an order worth ₹155.50 crore (excluding GST) from Numaligarh Refinery Limited for Railway Sidings at NRL Panchgram Terminal, 3rd Railway Spur at Rangapani (SMT), and Duliajan (Crude Oil TW Loading Railway Siding) of OIL. This turnkey project on cost plus mode is expected to be completed within 24 months from site handover.
- Secured another order worth ₹157.25 crore (excluding GST) from Oil India Limited for the Construction of a Workmen Housing Complex (BQ Area) at OIL, Duliajan on Turnkey Basis under Depository Works Mode. This project is slated for completion in 36 months.
Both orders are from domestic entities and are not considered related party transactions.