Rites said its consortium has secured a general consultancy order from Haryana Rail infrastructure Development Corporation for their Haryana Orbital Rail Corridor (HORC).
On 11 February 2021, the company had informed that it had emerged as L-1 (lowest) bidder for the aforementioned contract.
The order is for a new electrified broad-gauge double line (about 144 kms) from Palwal to Sonipat via Sohna, Manesar and Kharkhoda in the state of Haryana with speed potential of 160 kmph. Fee payable to the consortium will be about Rs 61 crore.
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. As of 31 December 2020, the Government of India held 72.2% stake in the company.
Read more about RITES emerges as lowest bidder for consultancy order on Business Standard. RITES has, in consortium, emerged as L-1 bidder for a General Consultancy order from Haryana Rail Infrastructure Development Corporation for their Haryana Orbital Rail Corridor (HORC).
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