RITES Limited Secures Project Management Contract for NIMHANS Bangalore

RITES Limited has been awarded a project management consultancy (PMC) contract by the National Institute of Mental Health & Neuro Sciences (NIMHANS) for the construction of a new Outpatient Department (OPD) building at their Bangalore campus. The project, valued at ₹372.68 crore exclusive of GST, will be undertaken on a turnkey basis and is expected to be completed in 36 months.

Project Overview

RITES Limited has secured a significant project management consultancy (PMC) contract from the National Institute of Mental Health & Neuro Sciences (NIMHANS). The project involves providing PMC services for the construction of a new Outpatient Department (OPD) building at NIMHANS’ Bangalore campus.

Contract Details

The contract, awarded to RITES Limited by NIMHANS, is for the PMC of the construction of the New Outpatient Department (OPD) building at NIMHANS Bangalore. This project is to be undertaken on a turnkey basis.

Financial and Timeline Details

The project is valued at ₹372.68 crore, exclusive of GST. The construction is projected to be completed within a period of 36 months.

Domestic Project

The order is classified as a domestic project, awarded by a domestic entity, National Institute of Mental Health & Neuro Sciences (NIMHANS).

Source: BSE

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