RITES Ltd on said it has received a Letter of Award (LOA) to provide railway operation and maintenance services at Dhamra Port, under Adani Ports and SEZ Ltd (APSEZ).
The contract, valued at approximately ₹100 crore exclusive of GST, is set to be executed over five years starting November 1, 2024. It will span 5 years, starting from November 1, 2024.
The contract is for providing services at the Dhamra Port Company. The detailed letter of intent will be issued in due course, based on mutually agreed rates and other relevant terms and conditions.
Earlier, the RITES Ltd-led consortium also emerged as the lowest bidder in a Delhi Metro Rail Corp Ltd tender, with the bid valued at ₹87.58 crore.