RITES Limited Secures ₹45.19 Crore Bridge Consultancy Project from West Bengal

1 min read     Updated on 07 Mar 2026, 01:35 PM
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Reviewed by
Jubin VScanX News Team
Overview

RITES Limited has won a significant infrastructure consultancy contract worth ₹45.19 crore from the West Bengal government for project management services of a 4-lane extra dosed bridge over river Muriganga. The 48-month project will connect Kachuberia on Sagar Island with Kakdwip, with RITES serving as Project Management Consultant and Authority Engineer for the entire lifecycle.

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*this image is generated using AI for illustrative purposes only.

RITES Limited has announced securing a major infrastructure consultancy contract worth ₹45.19 crore from the Public Works (Roads) Directorate, Government of West Bengal. The contract represents a significant addition to the company's project portfolio in the eastern region and reinforces its position in India's infrastructure development sector.

Project Overview

The consultancy assignment involves comprehensive project management services for the construction of a 4-lane extra dosed bridge over river Muriganga. This critical infrastructure project will connect Kachuberia on Sagar Island with Kakdwip in the South 24 Parganas district, enhancing connectivity to the strategically important Sagar Island.

Project Parameter: Details
Contract Value: ₹45.19 crore
Client: Public Works (Roads) Directorate, Government of West Bengal
Project Duration: 48 Months
Location: South 24 Parganas district, West Bengal
Bridge Type: 4-lane extra dosed bridge

Scope of Services

RITES will serve as the Project Management Consultant and Authority Engineer for the entire project lifecycle. The company's responsibilities encompass the complete design and construction supervision of the proposed bridge infrastructure, including the approaches connecting the two locations.

Key Service Components:

  • Entire design supervision and validation
  • Construction supervision as Authority Engineer
  • Project management consultancy services
  • Quality assurance and compliance monitoring
  • Technical oversight of bridge construction activities

Strategic Significance

This domestic contract demonstrates continued confidence in RITES' technical capabilities and project execution expertise. The project will enhance transportation connectivity between the mainland and Sagar Island, supporting regional economic development and improving access to this important geographical location in West Bengal.

The 48-month execution timeline indicates the comprehensive nature of the infrastructure development planned for this strategic corridor, positioning RITES as a key player in the region's connectivity enhancement initiatives.

Historical Stock Returns for RITES

1 Day5 Days1 Month6 Months1 Year5 Years
+2.35%-4.18%-7.15%-21.19%-1.31%+58.96%

RITES Receives Revised Cost Estimate of ₹729.28 Crore for Railway Electrification Project

1 min read     Updated on 06 Mar 2026, 06:55 PM
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Reviewed by
Naman SScanX News Team
Overview

RITES Limited has received updated cost estimates for its railway electrification project covering the Mysuru-Hassan-Mangaluru including Hassan-Arsikere route. The revised project cost stands at ₹729.28 crore excluding GST, marking a significant increase from the original estimate of ₹461.23 crore awarded in 2021. The project is being executed on a Cost Plus turnkey basis for South Western Railway.

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*this image is generated using AI for illustrative purposes only.

RITES has received revised estimates for the Railway Electrification work of Mysuru-Hassan-Mangaluru including Hassan-Arsikere from South Western Railway on a Cost Plus turnkey basis. The updated project cost stands at ₹729.28 crore excluding GST, including RITES fees, marking a significant revision from the previously announced estimate.

Project Details and Scope

The railway electrification project encompasses the strategic Mysuru-Hassan-Mangaluru corridor including Hassan-Arsikere, representing a crucial infrastructure development for Karnataka's railway network. South Western Railway has awarded this project to RITES under a Cost Plus turnkey arrangement, ensuring comprehensive project execution.

Project Parameter: Details
Awarding Entity: South Western Railway
Project Type: Railway Electrification
Route Coverage: Mysuru-Hassan-Mangaluru including Hassan-Arsikere
Revised Project Cost: ₹729.28 crore (excluding GST, including RITES fees)
Contract Basis: Cost Plus turnkey
Entity Type: Domestic

Regulatory Compliance and Background

The company has informed stock exchanges about this development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This update continues from the original order secured in June 2021, when RITES was initially awarded the project with an estimated cost of ₹461.23 crore including fees.

Original vs Revised Estimates: Amount (₹ crore)
Original Project Cost (2021): 461.23
Revised Project Cost (2026): 729.28
Cost Increase: 268.05

Strategic Significance

The electrification project represents a key infrastructure initiative that will enhance railway connectivity and operational efficiency along this important regional corridor. As an ongoing project between government entities, this development underscores RITES' continued role in India's railway modernization efforts and infrastructure development programs.

Historical Stock Returns for RITES

1 Day5 Days1 Month6 Months1 Year5 Years
+2.35%-4.18%-7.15%-21.19%-1.31%+58.96%

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1 Year Returns:-1.31%