rites-secures-over-rs-36-crore-order-from-damodar-valley-corporation RITES Secures ₹36.2 Crore Order from Damodar Valley Corporation

RITES Limited, a leading transport infrastructure consultancy and engineering company, has announced the receipt of a significant domestic order from Damodar Valley Corporation (DVC). The order pertains to the maintenance and operation of railway infrastructure at the Mejia Thermal Power Station in West Bengal.

Order Details

The contract involves annual maintenance of railway siding tracks, operation and maintenance of signalling and telecommunication (S&T) systems, and the handling of 25KV OHE isolators and associated systems at DVC’s Mejia Thermal Power Station.

Valued at ₹36.227 crore (excluding GST), the contract is to be executed over a period of 730 days from the commencement of work. RITES confirmed that this is a domestic order, not related to any promoter group or related-party transaction.

Strategic Importance

The order strengthens RITES’ presence in the power sector’s railway infrastructure operations. By securing this long-term engagement, the company continues to demonstrate its expertise in integrated railway solutions, covering track maintenance, signalling, and electrification systems.

Read More: RITES Share Price in Focus as Company Signs MoU with Etihad Rail for Global Collaboration!

RITES Share Performance 

As of 03 October, 2025, at 10:05 AM, RITES share price is trading at ₹253.36 per share, reflecting a gain of 0.62% from the previous closing price. Over the past month, the stock has declined by 3.53%.

Conclusion

The new ₹36.2 crore order from Damodar Valley Corporation further consolidates RITES’ leadership in railway infrastructure services. With this contract, RITES continues to expand its footprint in critical industrial projects while reinforcing its reputation for reliability and technical expertise.

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