RITES wins Rs 68 crore contract from National High-Speed Rail Corporation.

RITES Ltd. recently said it has won a Rs. 68 crore contract from National High-Speed Rail Corporation (NHSRCL). The contract relates to 487-km Mumbai-Ahmedabad High-Speed Rail Corridor.

"RITES has secured a work from NHSRCL for establishment and maintenance of continuously operating reference stations (CORS) along 487 km long Mumbai-Ahmedabad High-Speed Rail Corridor, excluding 21 km undersea tunnel," the company said in a statement.

This contract will be for a period of 6 years and RITES fees for the said work will be Rs. 67.79 crore, it added.

RITES is a mini-ratna public sector enterprise and a leading player in the transport consultancy and engineering sector in the country, having diversified services and geographical reach.

ET