Mumbai, Dec. 31 -- The order involves the supply of operational Cape Gauge diesel electric locomotives and is scheduled to be executed within a period of three months, RITES said in a regulatory filing.

The contract has been awarded by an international entity and does not fall under related party transactions.

The company further clarified that the promoter or promoter group has no interest in the entity awarding the contract.

The total consideration for the order stands at $3.6 million (USD Three Million Six Hundred Thousand only).

RITES is a Navratna Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach.

The company has an exper...