RITES consortium secures Bangladesh rail project

Engineering consultancy services PSE Rail India Technical and Economic Service Ltd (RITES)-led consortium emerged as the lowest bidder for the construction of the dual gauge railway line from Bogura to Shahid M Mansur Ali station of the Bangladesh Railway. Export-Import (EXIM) Bank of India had invited project management consultants for the construction of a dual gauge railway line from Bogra to Shahid M Mansur Ali Station—79.30 km dual gauge main and 11.35 km dual gauge loop line in Bangladesh. Scope of work under the project includes consultancy services for updating feasibility study, detail engineering design, mathematical modelling, tendering services and construction supervision, services during defect liability period, conducting detail topographic and hydrographic survey, identifying possible alternative alignments, recommending the best suitable alignment for the project, among other works. This is an 80 km long greenfield project with two phases—the first phase involves the preparation of a detailed project report (DPR), and the second phase involves construction supervision. Duration for the project is 13 months for phase-1 and 30 months for phase-2. EXIM Bank of India is funding the project under Line of Credit. Total fee income would be about Rs 63 crore, and signing of contract is expected to take place soon, the company said. RITES is a Miniratna category-1 schedule 'A' public sector enterprise (PSE) and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. As of 31 December 2020, the Indian government held a 72.2% stake in the company. Image Source Also read: Gurugram firm Egis secures Dhaka metro design contract Also read: Indo-Bangla railway project to be over by this March