RITES & CWPRS collaborate on Marine Infra Consultancy

RITES Ltd., a prime transport infrastructure consultancy, has signed a Memorandum of Understanding (MoU) with the Central Water and Power Research Station (CWPRS), an R&D organization as a subordinate office of the Department of Water Resources, River Development and Ganga Rejuvenation, Ministry of Jal Shakti. This collaboration entails works related to engineering consultancy services, and research & development projects in water resources, marine, and inland waterways infrastructure.

This strategic partnership will combine RITES' expertise in transport infrastructure consultancy and project management with CWPRS' advanced research capabilities in water resources to drive innovative solutions in marine, coastal, inland waterways, and hydropower infrastructure. It aims at enhancing project efficiency and sustainability through joint engineering consultancy, research, and development initiatives.

Shares of RITES Limited was last trading in BSE at Rs. 213.15 as compared to the previous close of Rs. 204.30. The total number of shares traded during the day was 75332 in over 1341 trades.

The stock hit an intraday high of Rs. 213.95 and intraday low of 201.80. The net turnover during the day was Rs. 15916302.00.

Source : Equity Bulls

Keywords

RITES INE320J01015 Collaboration CWPRS MarineInfraConsultancy