Rites JV secures project from Govt. of Bangladesh

Rites has secured a major work of project Management Consultancy from the Government of Bangladesh amounting to USD 14.01 Million (Rs. 99.94 crore) in relation to 4 laning of National Highway in Bangladesh. RITES is a lead partner in the JV arrangement and will receive USD 10.88 Million (Rs. 77.57 crore) out of the total consultancy fee of USD 14.01 Million (Rs. 99.94 crore). Amount is inclusive of taxes. (1 USD = INR 71.31)

Powered by Capital Market - Live News