RITES Limited has secured a new international order from Talis Logistics, South Africa. The project involves the supply and commissioning of overhauled in-service Cape Gauge ALCO Diesel Electric Locomotives. The order is valued at USD 18 million (CIF) and is expected to be completed within 6 to 8 months of advance payment receipt.
New International Project
RITES Limited has been awarded a project by Talis Logistics, South Africa. The company announced the new order on September 25, 2025. This project marks a significant step in RITES’ international engagements and strengthens its presence in the African market.
Project Details and Scope
The project focuses on the supply and commissioning of overhauled in-service Cape Gauge ALCO Diesel Electric Locomotives. RITES will be responsible for ensuring the locomotives are in operational condition. This order underscores RITES’ capabilities in providing specialized engineering and logistical solutions to international clients.
Financial Details and Timeline
The order is valued at USD 18.00 million (CIF). RITES anticipates completing the project within 6 to 8 months from the date of receiving the advance payment. The financial impact of this project is expected to positively contribute to the company’s revenue stream.
Source: BSE
