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Rites Awarded ₹50 Crore Contract for Assam Road Quality Control Project

16 July 20242 mins read by Angel One
The new contract secured by Rites will encompass ensuring quality construction practices and adherence to specific standards for the designated roads.
Rites Awarded ₹50 Crore Contract for Assam Road Quality Control Project
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On July 16, 2024, Rites Ltd, a leading engineering consultancy firm in India, secured a significant contract from the Public Works Roads Department (PWRD) of the Assam government. The project involves providing consultancy services for third-party monitoring and quality control of 47 roads spanning a total length of 996.7 kilometers across Assam. This project falls under the ambit of Asom Mala 2.0, a major infrastructure development initiative undertaken by the state government.

The contract signifies a successful bid by Rites Ltd. for the consultancy services during the 2023-24 financial year. Their responsibilities will encompass ensuring quality construction practices and adherence to specified standards for the designated roads. This role is critical in guaranteeing the longevity and durability of Assam’s road infrastructure.

The total value of the contract stands at ₹50.18 crore, inclusive of 18% Goods and Services Tax (GST). Excluding GST, the project value translates to ₹42.53 crore. This win marks a positive development for Rites Ltd., solidifying its position as a trusted partner in infrastructure development projects across India.

The successful acquisition of this project is expected to contribute to Rites Ltd.’s continued growth and expertise in the engineering consultancy sector. Furthermore, the project itself holds great significance for the state of Assam. By ensuring proper quality control measures are implemented throughout the construction phase, the 47 roads will be built to withstand wear and tear, ultimately benefiting the state’s transportation network and economic development for years to come.

About Rites Limited

Established in 1974, RITES Limited is a public sector enterprise and a leading player in the transport consultancy and engineering sector in India. With diversified services and a geographical reach, the company is the only export arm of Indian Railways that provides rolling stock overseas.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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