RITES Bags Order from Mahanadi Coalfields.

Railway infrastructure consultancy and engineering firm RITES Ltd has announced that it has been awarded a significant Work Order from Mahanadi Coalfields Limited (MCL). The order, valued at ₹28.00 Crores excluding Goods and Services Tax (GST), is for the provision of Detailed Engineering and Project Management Consultancy services.

The consultancy services will be for the crucial work of establishing "Rail Connectivity for the proposed phase-II SILO at the Lakhanpur Area of MCL". This project aims to enhance the coal transportation infrastructure at MCL's Lakhanpur Area.

The securing of this order further strengthens RITES' position as a key player in providing comprehensive infrastructure solutions and project management expertise in the transportation sector. This collaboration with a major coal producer like Mahanadi Coalfields Limited underscores RITES' capabilities in supporting the growth and efficiency of core industries.

EQUITYBULLS