MANAGER, AM, SM & CONSULTANT

RITES Limited is a leading Indian public sector enterprise that provides a wide range of consultancy, engineering, and project delivery services across various infrastructure sectors.¹ It operates under the Ministry of Railways, Government of India, and is designated as a Navratna Central Public Sector Enterprise (CPSE).²

Here is a detailed breakdown of RITES:

1. Core Business and Services:

RITES is a multi-disciplinary organization with a diversified portfolio.³ Its primary services include:

• Consultancy: This is a major part of their business. They provide services such as:

  • Feasibility studies and detailed project reports (DPRs).⁴

    
    

  • Engineering design, planning, and supervision.⁵

    
    

  • Project management consultancy (PMC).⁶

    
    

  • Techno-economic and financial appraisals.⁷

    
    

  • Transaction advisory services for Public-Private Partnership (PPP) projects.⁸

    
    

• Engineering, Procurement, and Construction (EPC): They undertake turnkey construction projects, including railway electrification, bridges, tunnels, and railway stations.⁹

  
  

• Export of Rolling Stock: RITES serves as the export arm of Indian Railways, supplying locomotives, coaches, and wagons to countries in Asia, Africa, and Latin America.¹⁰

  
  

• Leasing of Locomotives: They lease out their fleet of diesel locomotives to non-railway customers, such as power plants, ports, and steel plants, for in-plant operations.¹¹

  
  

• Quality Assurance and Inspection: RITES provides third-party inspection and quality assurance services for various components used in transport infrastructure.¹²

  
  

• Railway Equipment Services: They offer operation and maintenance services for railway assets, including locomotives, wagons, and tracks.¹³

  
  

2. Key Sectors of Operation:

While its full form is "Rail India Technical and Economic Service," RITES has significantly expanded its scope beyond just railways. Its services now cover a wide range of infrastructure sectors:

• Railways: This remains their core area, involving projects like railway electrification, new lines, track doubling, and rolling stock design.¹⁴

  
  

• Highways: Consultancy for road and highway projects, including feasibility studies, design, and supervision.

• Urban Infrastructure: Major work in urban transport, especially metro rail projects, bus systems, and urban development.¹⁵

  
  

• Airports: Consultancy and project management for airport development, including new airports and the upgradation of existing ones.¹⁶

  
  

• Ports and Harbours: Services related to port infrastructure development and logistics.¹⁷

  
  

• Inland Waterways: Projects related to the development of water transport.¹⁸

  
  

• Buildings and Property Development: Construction and project management for various building projects.¹⁹

  
  

• Renewable Energy: Through its subsidiary, Railway Energy Management Company Limited (REMC), RITES is involved in projects related to renewable energy and energy efficiency in the railway sector.²⁰

  
  

3. Notable Projects:

RITES has been involved in several landmark projects in India and abroad, including:

• Delhi Metro: RITES was a key technical consultant for the initial phases of the Delhi Metro, helping to revolutionize mass transit in India.²¹

  
  

• Bogibeel Rail-cum-Road Bridge: Provided consultancy services for this major bridge project in Assam.²²

  
  

• Mauritius Metro: Served as the project management consultant for this international metro project.²³

  
  

• Ahmedabad Metro: Provided General Consultancy services for the Ahmedabad Metro Rail project.²⁴

  
  

• Vidyasagar Setu (2nd Hooghly Bridge): Involved in the rehabilitation and maintenance of this iconic bridge in Kolkata.²⁵

  
  

• Bundelkhand Expressway: Provided consultancy services for this key highway project in Uttar Pradesh.²⁶

  
  

• International Projects: Has a global presence and has undertaken projects in over 55 countries across Asia, Africa, and Latin America.²⁷

  
  

4. Financials and Public Listing:

• RITES was established in 1974.²⁸

  
  

• It became a publicly traded company in July 2018, with its shares listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).²⁹

  
  

• The company is known for being almost debt-free and for maintaining a high dividend payout.³⁰

  
  

In summary, RITES Limited is a versatile and prominent government-owned company that plays a crucial role in the development and modernization of India's and other nations' infrastructure, with a strong focus on transport and engineering consultancy.

*source: google gemini