New Delhi, Jan. 1 -- State-owned company RITES Limited has bagged an order for upgrading of a creek highway in Guyana worth staggering USD 9.7 million (excluding taxes), as per a stock exchange filing Wednesday.

RITES today said it has received notification of 'Intention to Award' from Ministry of Public Works, Government of the Co-operative Republic of Guyana.

The project in the South American country -- Palmyra to Moleson Creek Highway- Lot 1-3 -- would be completed in five years, which includes 36 months pre-construction and construction period and 24 months - post construction period, as per the stock exchange filing.

RITES, a Central Public Sector Enterprise under the Ministry of Railways, incorporated in 1974, is a multidisciplin...