RITES Secures ₹25.30 Cr NTPC Contract for Mouda Project 🚂

Big news from RITES Limited today! 🚀 The infrastructure giant has just announced securing a major order from none other than NTPC Limited, India’s largest power generator.

This significant contract, valued at a solid ₹25.30 crore (exclusive of GST), is for a biennial MGR (Merry-Go-Round) Mega Contract. What does that entail? For the next 24 months, RITES will be responsible for S&T (Signaling & Telecommunication) Maintenance, Track Maintenance, MGR operation, and DU (Dust Unloading) handling at NTPC’s Mouda Super Thermal Power Project.

It’s a domestic project, reinforcing RITES’ strong presence and expertise in critical infrastructure maintenance within India. This kind of work is crucial for ensuring the smooth and efficient operation of power plants, especially those relying on coal transportation via MGR systems.

This new order not only adds a healthy sum to RITES’ order book but also underscores its specialized capabilities in railway infrastructure and maintenance services. It’s a testament to their continued role in supporting India’s core sectors. Keep an eye on RITES as they continue to build on these successes! ✨

source: Corporate Announcement

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