RITES Limited has been awarded a significant project management consultancy contract for the planning, design, and development of infrastructural facilities at Babasaheb Bhimrao Ambedkar University (BBAU). The project will be executed on a Cost Plus PMC Fee basis with a total estimated project cost of ₹175.41 Crore, excluding GST. The contract duration is for 30 months from the signing date.
RITES Secures Key Consultancy Project
RITES Limited has announced the securing of a major contract for Project Management Consultancy services. The project involves the comprehensive planning, design, and development of essential infrastructural facilities and other related works within the campus of Babasaheb Bhimrao Ambedkar University (BBAU). This significant development was formally communicated on June 30, 2026.
Project Details and Financials
The contract mandates a ‘Cost Plus PMC Fee’ basis for its execution. The total estimated project cost is pegged at approximately ₹175.41 Crore, a figure that excludes Goods and Services Tax (GST) but includes RITES’ fees. This project, awarded by a domestic entity, is classified as a non-related party transaction.
Project Timeline and Scope
The execution of the contract is slated to span a period of 30 months. This timeframe will cover the initial work and continue until the completion of the assigned tasks, whichever is later, commencing from the date of agreement signing. The scope encompasses the holistic development of campus infrastructure, reinforcing RITES’ role in national development.
Source: BSE
