RITES Limited announced that RITES has secured additional scope under existing Order of Replacement of Mechanical Signaling at 11 stations and Replacement of Signaling gears on age cum condition basis with EI at Delhi Kisanganj Station of Delhi Division of Northern Railway from the Northern Railway, on turnkey basis. The details of the order are as follows: a) name of the entity awarding the order(s)/contract(s): Northern Railway, b) significant terms and conditions of order(s) awarded in brief: RITES has secured the additional scope under existing Order of replacement of Mechanical Signaling at 11 station and Replacement of Signaling gears On age cum condition basis with E I at Delhi Kisanganj Station the Delhi Division of Northern Railway. c) whether order(s) /contract(s) have been awarded by domestic/international entity: Domestic Entity. d) nature of order(s) /contract(s): For additional scope under existing Order of replacement of Mechanical Signaling at 11 stations and Replacement of Signaling gears on age cum condition basis with EI at Delhi Kisanganj Station of Delhi Division of Northern Railway. e) whether domestic or international: Domestic. g) broad consideration or size of the order(s)/contract(s): RITES has secured the additional
scope under existing order for INR 332.5 million including Project Management Consultancy excluding GST, on turnkey basis. The entity that awarded the contract is Ministry of Railways i.e. Promoter. It is a transaction between Government and Government Company.