Mumbai, Feb. 17 -- As per the terms of the contract, the company would prepare feasibility study report (FSR), detailed project report (DPR), undertake detail engineering (DE), and provide project management on a turnkey depositary mode on a cost-plus-fees basis.

The above services pertain to the construction and commissioning of railway siding at Machhakata coal Mine and adjacent New Patrapara South coal Mine.

RITES, a Miniratna (Category-I) Schedule 'A' public sector enterprise, is a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. As of 31st December 2024, the Government of India held a 72.20% stake in the company.

The company's consolidated net profit d...