RITES collaborates with NBCC for consultancy services

11 Sep 2024 CW Team

RITES Ltd, a leading transport infrastructure consultancy firm, has entered into a memorandum of understanding (MoU) with NBCC (India) Ltd, a Central Public Sector Enterprise under the Ministry of Housing Development. This collaboration aims to explore and undertake a wide range of consultancy, fee-based projects, and EPC (Engineering, Procurement, and Construction) contracts, covering the entire process from concept to commissioning.

The partnership will see RITES and NBCC working together on projects across multiple sectors, including urban energy, water management, urban transport and infrastructure, and township development. According to a press release, this collaboration seeks to harness the combined strengths of both entities for modern and innovative projects.

RITES will provide consultancy and project management services, encompassing the entire pre-construction phase from conceptualisation, planning, and design to cost estimation and tender documentation. They will also coordinate the construction process. Meanwhile, NBCC will bring its expertise in project implementation, covering aspects such as tendering, contract management, construction supervision, cost control, quality assurance, project handover, commissioning, and management during the defect liability period.

RITES is a Navratna Public Sector Enterprise and a prominent player in India's transport consultancy and engineering sector. With 50 years of experience, the company has carried out projects in over 55 countries across Asia, Africa, Latin America, South America, and the Middle East. (ET)

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..