RITES Secures $20.6 Million International Order for Diesel Electric Locomotives

• RITES Ltd. has secured a significant international order worth $20.6 million (₹171 crore) from ICVL Mozambique.
• The order includes the supply of new Cape Gauge diesel electric locomotives, preventive maintenance services, and consumable spares.
• Locomotive supply is to be completed within 15 months, with maintenance services provided over a 24-month period.
• This new order strengthens RITES' international project portfolio and highlights its capabilities in railway equipment and maintenance.
• RITES also secured a $3.6 million contract in December for locomotive supply to Berhard Development Corporation (Private) Ltd, Zimbabwe.

Why It Matters: RITES Ltd. has won a $20.6 million international order from ICVL Mozambique for diesel electric locomotives.