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RITES, CONCOR enter into MoU for Logistics Infrastructure Consultancy
Posted On : 2026-06-29 20:19:52( TIMEZONE : IST )
RITES Ltd., a leading transport infrastructure consultancy and engineering company, today signed a Memorandum of Understanding (MoU) with Container Corporation of India Limited (CONCOR), a Navratna Public Sector Enterprise under the Ministry of Railways, to collaborate on Project Management Consultancy (PMC) services from concept to commissioning for the development and improvement of CONCOR's terminals and establishments.
The partnership will leverage RITES' multidisciplinary engineering and project management expertise to support the planning, design, execution and supervision of infrastructure projects undertaken for CONCOR.
Under the MoU, CONCOR may entrust RITES, on a work-to-work basis, with Project Management Consultancy services from concept to commissioning. These services will include feasibility studies, preparation of Detailed Project Reports, detailed engineering, architectural and structural design, project supervision, quality assurance, and construction management etc.
The collaboration will support the development and improvement of infrastructure including multimodal logistics parks, inland container depots, rail-linked terminals, warehouses, railway infrastructure, administrative buildings, roads, utilities and allied facilities. Through this partnership, both RITES and CONCOR aim to leverage their respective strengths to facilitate the timely execution of logistics infrastructure projects and contribute to the development of efficient multimodal logistics facilities in the country.
Shares of Container Corporation of India Limited was last trading in BSE at Rs. 471.05 as compared to the previous close of Rs. 469.45. The total number of shares traded during the day was 26949 in over 968 trades.
The stock hit an intraday high of Rs. 474.00 and intraday low of 465.30. The net turnover during the day was Rs. 12679763.00.
Shares of RITES Limited was last trading in BSE at Rs. 205.95 as compared to the previous close of Rs. 208.80. The total number of shares traded during the day was 32429 in over 868 trades.
The stock hit an intraday high of Rs. 211.00 and intraday low of 204.90. The net turnover during the day was Rs. 6697471.00.
