Rites has emerged as the lowest bidder during competitive
bidding process by Bangladesh Railways for 'Construction of Dual Guage
Railway Line from Bogura to Shahid M. Mansur Ali station of Bangladesh
Railway'.
This is 80 KM long green field project and it has two phases: 1) Preparation of DPR and 2) Construction supervision. Duration is 13 months for Phase 1 and 30 months for Phase - 2. The project is funded by Exim Bank of India under LOC.
Total Fee Income would be about Rs. 63 crore and signing of Contract is expected to take place soon.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content