Current Date: 05 Jul, 2024

RITES Lands Major IT Consultancy Project

Navratna CPSE RITES Ltd has secured a significant contract worth Rs 26.79 crore from Karnataka Mining Environmental Restoration Corporation. The contract entails providing Total Project Management Consultancy services for the construction of Railway PFTs (Private Freight Terminals) at Dharmapura and Susheel Nagar in Bellary District under CEPMIZ, according to a regulatory filing.

The order's scope involves overseeing all aspects of project management for the railway PFT construction. This includes planning, coordination, and execution to ensure the timely completion of the project. The contract specifies a duration of 24 months from either the signing date or the handover of the construction site free from encumbrances, whichever occurs later.

RITES Ltd, recognized as a Navratna CPSE, stands to play a crucial role in enhancing railway infrastructure in Karnataka. The consultancy services provided will support the efficient development of railway PFTs, crucial for facilitating freight transportation in the region. This initiative aligns with efforts to improve logistics and connectivity in Bellary District, contributing to regional economic growth.

The awarded contract underscores RITES Ltd's expertise in delivering comprehensive consultancy services for complex infrastructure projects. This includes leveraging its experience in managing railway projects nationwide, ensuring adherence to quality standards and project timelines.

Karnataka Mining Environmental Restoration Corporation's selection of RITES Ltd reflects confidence in the company's capabilities to manage and execute critical infrastructure projects effectively. The consultancy services provided will aim to optimize operational efficiencies and enhance the overall logistics framework in the designated areas of Bellary District.

News by Rahul Yelligetti

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