RITES has received an order for consultancy services for construction of highway tunnels in Himachal Pradesh & Ladhak from National Highways & Infrastructure Development Corporation (NHIDCL).
RITES has received an order for consultancy services for preparation of detailed project report and providing pre-construction activities for construction of highway tunnels across certain sections on Darcha Padam road (NH-301) including approaches in Himachal Pradesh & Ladhak from National Highways & Infrastructure Development Corporation (NHIDCL). RITES is a joint venture partner in the project and its fee is Rs 55 crore (approx.).
The announcement was made after market hours yesterday. Shares of RITES rose 0.73% to end at Rs 247.35 on Monday.
RITES is a Miniratna (Category - I) Schedule 'A' Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach.
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