| Work Detail |
RITES Limited, an infrastructure consultancy firm, has secured a ?59.13 crore contract from UP State Bridge Corporation Limited to oversee multiple infrastructure projects across Uttar Pradesh. The contract, announced today, involves construction supervision services for bridges, rail over/under bridges, flyovers, and elevated roads, including approach roads in various districts of the state.
Under this 36-month agreement, RITES will focus on project supervision, quality control, work zone safety, and monitoring, with the contract value excluding GST. The company was awarded the contract after emerging as the lowest bidder (L-1) on September 5, 2024.
RITES confirmed that this domestic contract does not involve any related party transactions, and its promoter group holds no interest in UP State Bridge Corporation Limited, the awarding authority. |
