FilingReader Intelligence

RITES secures 49% project cost increase at IIM Raipur

July 19, 2025 at 02:59 PM UTCBy FilingReader AI

RITES Limited secured a revision in estimated project cost for construction of an Academic Block and Hostel Cluster at IIM Raipur. The project's value increased from INR 148.25 crore to INR 220.65 crore on a cost-plus basis, excluding GST and PMC fees.

The domestic EPC contract is expected to be executed within 23 months.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:RITESBombay Stock Exchange

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