RITES secures order worth Rs 25 crore from NTPC

RITES announced it has received a letter of award worth Rs 25.30 crore from NTPC for a biennial MGR mega contract. This contract covers S&T maintenance, track maintenance, MGR operations, and DU handling at the NTPC Mouda Super Thermal Power Project.

 

 

RITES is a Miniratna (Category-I) Schedule 'A' public sector enterprise. It is a leading player in transport consultancy and engineering in India, with a range of services and a broad geographical reach. NTPC, along with its subsidiaries, associates, and joint ventures, primarily focuses on generating and selling bulk power to state utilities. The group's other businesses include providing consultancy, project management, supervision, energy trading, oil and gas exploration, and coal mining.

 

On 29 August 2025, shares of RITES fell 0.12% to close at Rs 244.15. NTPC's shares declined 1.03% to close at Rs 327.55.