Mumbai, November 12, 2025: RITES Limited, a leading engineering consultancy and public sector enterprise under the Ministry of Railways, has announced the securing of a significant new order, bolstering its project portfolio in the infrastructure sector.
In a regulatory filing submitted to the National Stock Exchange of India (NSE) and the BSE Limited, the company informed that it has received a Letter of Award from Cochin International Airport Limited (CIAL). The project involves the “Construction of a Regulator cum Bridge (RCB) across Chengalthodu at Chengal, Kanjoor Panchayath near Cochin International Airport on a turnkey basis.”
Key Details of the Project:
- Client: Cochin International Airport Limited (a Domestic Entity)
- Project Nature: Construction of a Regulator cum Bridge (RCB) on a turnkey basis, meaning RITES will be responsible for the entire project lifecycle from concept to commissioning. The contract is on a “cost plus fee” basis.
- Project Value: The estimated project cost is ₹52.00 crore (exclusive of GST). This amount includes the Project Management Consultancy (PMC) fees.
- Execution Timeline: The company has been allotted a period of 24 months to complete the project.
The company clarified in its disclosure that the order was not awarded by a related party. It confirmed that its promoters, promoter group, or group companies have no interest in Cochin International Airport Limited, and the transaction is not a related party transaction.
This order underscores RITES’ continued strength in securing complex infrastructure projects and expands its footprint in Kerala. The project, critical for the infrastructure around the busy Cochin International Airport, will be executed on a comprehensive turnkey model, highlighting the company’s integrated service capabilities.
The intimation was signed by Mr. Ashok Mishra, Company Secretary & Compliance Officer of RITES Ltd., in compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
About RITES Ltd.:
RITES Limited is a Miniratna (Category-I) public sector enterprise and a multidisciplinary engineering and consultancy organization. It provides services in the diverse fields of transport, infrastructure, and related technologies, both in India and abroad.
NSE Link : https://nsearchives.nseindia.com/corporate/RITES_12112025153119_Intimation.pdf
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