Home NATIONAL NEWSRITES Secures ₹154.65 Crore Work Order from South Central Railway for Railway Electrification Project

RITES Secures ₹154.65 Crore Work Order from South Central Railway for Railway Electrification Project

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RITES Limited has revised the project cost of its ongoing railway electrification consultancy project awarded by South Central Railway for the 110 route kilometre (RKM) Bidar-Kalaburagi (Gulbarga) railway section. The revised project cost stands at ₹154.65 crore, excluding GST and including RITES fees.

The original project cost for the assignment was ₹97.96 crore, excluding GST and including RITES fees. The project is currently ongoing and is being executed on a cost-plus turnkey basis.

South Central Railway, a domestic entity, awarded RITES the work for providing Project Management Consultancy Services for the electrification of the 110 RKM Bidar-Kalaburagi (Gulbarga) railway section.

The project involves railway electrification works being carried out on a cost-plus turnkey basis. RITES has stated that the transaction is between a government entity and a government company.

The latest update reflects the revision in the project cost of RITES’ ongoing Bidar-Kalaburagi railway electrification consultancy assignment.

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