RITES bags bid to execute rail line electrification project
The Hindu
It includes the 300-km Mysuru-Hassan-Mangaluru line; cost put at ₹461.23 cr
RITES Ltd. (formerly Railway India Technical and Economic Services) has bagged the contract for electrification of about 400 km railway line in the State, including the 300-km Mysuru-Hassan-Mangaluru line. A public sector undertaking of the Ministry of Railways, RITES recently informed the National Stock Exchange and the Bombay Stock Exchange that it bagged the contract from the Railway Ministry, being the lowest bidder for railway electrification work on turnkey basis. The electrification work of Mysuru-Hassan-Mangaluru (300 km) also includes electrification of Arsikere-Hassan (47 km) line, RITES said.
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