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RITES & CIL Renew Rail Infra MoU

Coal News - Published on Tue, 07 Jul 2020

Image Source: RITES CIL
State-owned RITES it has renewed its pact with Coal India for project management consultancy services of rail infrastructure business, and construction of rapid loading system, coal handling plants and silos. The MoU has been renewed for five years.

While in the past, the MoU enabled RITES to achieve a fee income of around INR 100 crore per year, the company is expecting an increase in it due to additional scope and several projects expected in the pipeline, it added.

Source :

Posted By : Yogender Pancholi on Tue, 07 Jul 2020
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