₹37.81 Cr Boost: RITES-Aryan JV to Redevelop Tumakuru Railway Station

The RITES-Aryan Joint Venture has received a Letter of Acceptance (LoA) from South Western Railway for the redevelopment of Tumakuru Railway Station in Karnataka.

The EPC contract includes comprehensive scope covering civil works, signaling, telecommunication, and electrical services. RITES’ share of the contract is valued at ₹37.81 crore (excluding GST). The project is slated for completion within 18 months from the appointed date.

In a related development, RITES had earlier received a Letter of Intent (LoI) from the Gujarat Urban Development Company (GUDC) for a ₹28.5 crore third-party inspection contract under the AMRUT 2.0 and SJMMSVY schemes in Gujarat.

News by Rahul Yelligetti.