News

RITES will hold a meeting of the Board of Directors of the Company on 4 August 2026.

Rites in a consortium has received work from Patna Metro Rail Corporation for consultancy Services for implementation of Patna Metro Rail construction project. The company`s share in the project is Rs 79.22 crore.

RITES has received work of Project Management Consultancy services for planning, design and development of infrastructural facilities and other related works in campus of Babasaheb Bhimrao Ambedkar University (BBAU) on Cost Plus PMC Fee basis. The contract is valued at Rs 175.41 crore.

RITES signed a Memorandum of Understanding (MoU) with Container Corporation of India (CONCOR), a Navratna Public Sector Enterprise under the Ministry of Railways, to collaborate on Project Management Consultancy (PMC) services from concept to commissioning for the development and improvement of CONCOR`s terminals and establishments. The partnership will leverage RITES` multidisciplinary engineering and project management expertise to support the planning, design, execution and supervision of infrastructure projects undertaken for CONCOR. Under the MoU, CONCOR may entrust RITES, on a work-to-work basis, with Project Management Consultancy services from concept to commissioning. These services will include feasibility studies, preparation of Detailed Project Reports, detailed engineering, architectural and structural design, project supervision, quality assurance, and construction management etc.The collaboration will support the development and improvement of infrastructure including multimodal logistics parks, inland container depots, rail-linked terminals, warehouses, railway infrastructure, administrative buildings, roads, utilities and allied facilities. Through this partnership, both RITES and CONCOR aim to leverage their respective strengths to facilitate the timely execution of logistics infrastructure projects and contribute to the development of efficient multimodal logistics facilities in the country.

Rites has received affirmation in credit ratings from lnfomerics Valuation and Rating at IVR AAA; Stable /IVR A1+ for bank facilities of Rs 3,555 crore.