Rites has secured a road sector consultancy work order for preparation of detailed project from National Highways and Infrastructure Development Corporation with a fee income of Rs 19.10 crore.

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Rites has been conferred Dun & Bradstreet Corporate Award 2021 for 'Best Growth Performance' in the Engineering Projects/Capital Goods category.

The award, presented by Dun & Bradstreet, the world's leading provider of B2B data, insights and AI-driven platforms, recognises RITES' efforts in facilitating creation of transport infrastructure and its well-diversified business model.

Also, RITES has been profiled in 21st edition of 'India's Top-500 Companies' on the basis of total income, net profit and return in net worth etc. These companies across 50 sectors have grown faster than the Indian economy over the past 20 years.

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In an exchange filing after markets on Monday, RITES said it has been awarded additional work of consultancy services (PMC) for extension of the mainline from Rose Hill to Reduit through Ebene for an additional fee of MUR 250 millions (Rs 45 crore approx.).

RITES is a Miniratna (Category - I) Schedule 'A' Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. As of 31 March 2021, the Government of India held 72.2% stake in the company.

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Rites has bagged orders aggregating Rs 749.67 crore from Ministry of Railways. These include Mysore — Hassan — Manglore incl. Hassan — arsikere project worth Rs 461.23 crore and Kadur — Chikmaglur project worth Rs 288.44 crore.

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