RITES Wins Rs 1.71 Billion Mozambique Locomotive Order

30 Jan 2026 CW Team

RITES Ltd has secured a major international order from ICVL Mozambique for the supply and maintenance of diesel electric locomotives, reinforcing its overseas order book and global presence in railway infrastructure.

In a regulatory filing, the company said it received a Letter of Intent for the supply of new Cape Gauge diesel electric locomotives, along with preventive maintenance services and consumable spares at site. The total value of the order is about Rs 1.71 billion.

Under the contract terms, the supply of locomotives will be completed within 15 months, while maintenance services will be provided over a 24-month period. The order adds to RITES’ expanding international project portfolio and highlights its capabilities in railway equipment supply and lifecycle maintenance across global markets.

In December, RITES had also secured a contract valued at about Rs 0.30 billion from Berhard Development Corporation (Private) Ltd, Zimbabwe, for the supply of in-service Cape Gauge diesel electric locomotives, further strengthening its footprint in Africa.

In the equity market, shares of the state-owned company were trading at Rs 216.90 at 10:59 am, down 0.41 per cent from their opening price. The stock has declined 11.48 per cent over the past month.

Infrastructure Transport

06 Feb 2026

Second Mountain Tunnel Breakthrough in Palghar Advances High Speed Rail

The Mumbai-Ahmedabad high speed rail (MAHSR) project reached a milestone with the breakthrough of a mountain tunnel in Palghar, Maharashtra. Mountain tunnel MT-six measures 454 metres long and 14.4 metres wide and will accommodate up and down tracks. The breakthrough follows MT-five near Saphale on second January 2026 and the MT-six excavation was completed from both ends using the New Austrian Tunnelling Method. The ministry reported that the tunnelling was completed within 12 months. The New Austrian Tunnelling Method is favoured for its flexibility in complex geology and irregular tunnel s..

Modi Government Pushes Atmanirbhar Container Drive With BCSL MoU

The Union Government advanced a plan to create an integrated, domestically anchored container ecosystem with the signing of a Memorandum of Understanding to establish the Bharat Container Shipping Line (BCSL). The MoU was signed by key agencies including the Shipping Corporation of India and Container Corporation of India alongside major port authorities and Sagarmala Finance Corporation Limited under the Ministry of Ports, Shipping and Waterways, in the presence of senior ministers. The initiative aligns with the Container Manufacturing Assistance Scheme announced in the Union Budget 2026–2..

Ministry Reports Gains In Mobility For Marginalised Communities

The Ministry of Social Justice and Empowerment is implementing skill development, education and rehabilitation schemes to promote socio-economic mobility and sustainable livelihoods for marginalised and disadvantaged communities across the country. Programmes target Scheduled Castes, Other Backward Classes, Economically Weaker Sections, De-notified Tribes and Safai Karamcharis through specialised implementing corporations and empanelled training institutes. Pradhan Mantri Dakshata Aur Kushalta Sampann Hitgrahi Yojana, or PM-DAKSH, provided skill training and placement support through the Nati..