Rites Ltd has informed that the company has secured General Consultancy order from Haryana Rail infrastructure Development Corporation Limited for their Haryana Orbital Rail Corridor.
It is a new electrified Broad-Gauge double line (about 144 kms) from Palwal to Sonipat via Sohna, Manesar and Kharkhoda in the state of Haryana with speed potential of 160 kmph.
Fee payable to the consortium will be about Rs61cr.
Rites Ltd is currently trading at Rs267 per piece down by Rs2.85 or 1.06% from its previous closing of Rs269.85 per piece on the BSE, at around 3:10 PM