RITES Limited has secured an international order for the supply of In-Service Cape Gauge Diesel Electric Locomotives to Berhard Development Corporation (Private) Limited, Zimbabwe. The deal is valued at USD 3,600,000 and is expected to be executed within 3 months. This order will bolster RITES’ presence in the international market.
International Locomotive Supply Order
RITES Limited has been awarded a contract for the supply of locomotives to Zimbabwe. The client is Berhard Development Corporation (Private) Limited. This new order will enhance RITES’ portfolio in the international market.
Order Details
The contract involves the supply of In-Service Cape Gauge Diesel Electric Locomotives. The order is valued at USD 3,600,000 (USD Three Million Six Hundred Thousand only). The project is expected to be completed within a timeline of 3 months.
Source: BSE
