RITES Ltd. on Friday knowledgeable the bourses that it has obtained a revised estimate of Rs 532 crore for an electrification undertaking beneath the Northeast Frontier Railway.
The revised price of Rs 532 crore, excluding the products and providers tax, is 84% greater as in comparison with the unique price of Rs 288.44 crore. The estimated price covers undertaking administration consultancy charges.
The electrification work is to be carried out on a turnkey foundation on the Lumding junction and Badarpur junction part of Lumding division of Northeast Frontier Railway, based on an change submitting.
“…in continuation to our intimation dated June 28, 2021 relating to main order secured for Railway Electrification work for undertaking -Lumding- Badarpur”, we’re happy to tell you that RITES has obtained revised estimates for Railway Electrification work of LMG-BPB Part of Lumding Division, N.F Railway on November 21, 2024 from Northeast Frontier Railway,” RITES acknowledged within the submitting.
