Rites
RITES · Infrastructure > Engineering · Chairman: Rahul Mithal · MD: Rahul Mithal · Listing date: July 2, 2018 · Employees: 2276 · Gurgaon · http://www.rites.com

RITES Ltd., a Government of India Enterprise was established in 1974, under the aegis of Indian Railways. RITES is incorporated in India as a Public Limited Company under the Companies Act, 1956 and is governed by a Board of Directors which includes persons of eminence from various sectors of engineering and management. RITES Ltd., an ISO 9001:2015 company, is a multi-disciplinary consultancy organization in the fields of transport, infrastructure and related technologies. It provides a comprehensive array of services under a single roof and believes n transfer of technology to client organizations. In overseas projects, RITES actively pursues and develops cooperative links with local consultants / firms, as means of maximum utilization of local resources and as an effective instrument of sharing its expertise.

RITES is internationally recognized as a leading consultant with operational experience of over 55 countries in Asia, Africa, Latin America, South America and Middle East regions. The company is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia).

Business area of the company

The company is a multidisciplinary engineering and consultancy organization providing diversified and comprehensive array of services from concept to commissioning in all facets of transport infrastructure and related technologies. It has significant presence as a transport infrastructure consultancy organization in the railway sector. However, it also provides consultancy services across other infrastructure and energy market sectors including urban transport, roads and highways, ports, inland waterways, airports, institutional buildings, ropeways, power procurement and renewable energy.

Sectors of operation

  • Workshop
  • Airports
  • Architecture & Planning
  • Bridge & Tunnel Engineering
  • Construction Project Management
  • Environmental Engg./Urban Engg.
  • Electrical Engineering
  • Expotech
  • Financial Management
  • Geotechnology
  • Highways
  • Industrial Engineering
  • Information Technology
  • Materials System Management
  • Railway Equipment Services
  • Port & Water Resources
  • Privatisation & Concessions, IT
  • Quality Assurance
  • Railway Electrification
  • Railways
  • Rolling Stock Design
  • Ropeways
  • Signal & Telecom
  • Surveys
  • Training
  • Urban Transport & UI
  • Railway Infrastructure

Awards

  • 2012-13: Received the EEPC Gold Trophy for Top Exporter in 2012-13, from EEPC India.
  • 2012-13: Received ‘Gold Plate Award 2011-12’ from HelpAge India for contribution towards cause and care of the underprivileged and elderly.
  • 2012-13: Received ‘JGBS Top Rankers Excellence - Financial Pride Award’ from Jindal Global Business School.
  • 2013-14: Received ‘Special Commendation for the Golden Peacock Award for Corporate Social Responsibility, 2013’ at the Golden Peacock Awards.
  • 2013-14: Received ‘National Award for Excellence in Cost Management-2013 (Second Award in Public Service Sector (Large)) from the Institute of Cost Accountants of India.
  • 2014-15: Received ‘Legend PSU of The Year’ Award in the category of Transport Infrastructure Services by the News Ink National Awards.
  • 2015-16: Received ‘National Award for Excellence in Cost Management-2015 (Second Position - Public Service Sector Medium); from the Institute of Cost Accountants of India.
  • 2016-17: Received the ’Corporate Governance & Sustainability Vision Award – 2017’ by Indian Chamber of Commerce.
  • 2016-17: Received the Golden Peacock National Quality Awards (GPNQA) category for the year 2017.
  • 2017-2018: Received ‘India Pride Awards 2017-18’ for excellence in Miniratna -1 category from Dainik Bhaskar.
  • 2017-2018: Received the 47th Export Awards, Northern Region for export excellence from EEPC India, Northern Region.
  • 2018-19: EEPC Top Exporters Gold Trophy, Merchant Exporter” Regional Award (Northern) for Export Excellence for the year 2015-16 (EEPC, Ministry of Commerce).
  • 2018-19: Dainik Bhaskar Group’s initiative India Pride Award 017-18 for excellence in performance and services.
  • 2018-19: The Governance now Digital PSU Award in Mini Ratna category.
  • 2018-19: Skoch merit award’ for CSR project of skill development centre in Udaipur.
  • 2019-20: 49thEEPC (Northern Region) Award for Export Excellence.
  • 2019-20: PSE Excellence Award by Indian Chamber Of Commerce.
  • 2019-20: National Project Excellence Award by Project Management Association.
  • 2019-20: Project of the Year Award (Small Category) By Project Management Institute.
  • 2019-20: Award of Excellence for the Best Law Department in PSU Category by Indian Corporate Council Association (ICCA).
  • 2019-20: Active Customer Engagement Award at Customer Obsession-2019.
  • 2019-20: Governance Now PSU Award (Digital Technology).
  • 2019-20: Award for CSR Activities.

Milestones

  • 1975-76: Entered into a consultancy agreement for conducting techno-economic study for Syrian Railways.
  • 1985-86: Development of geotechnical centre for field and laboratory investigations.
  • 1994-95: Entered into a consultancy project agreement for providing services in relation to the Mass Rapid Transit System for Delhi Government.
  • 1998-99: Entered into a contract with Delhi Metro – Phase I project for providing construction management and consultancy services to Delhi Metro Rail Corporation.
  • 2004-05: Detail design consultancy services for the 12.5 km long railway tunnel in India, the Pir- Panjal railway tunnel.
  • 2005-06: Proposal for providing design, construction supervision and post construction services for Francistown-Ramakgwebana Road project, Botswana was accepted.
  • 2009-10: Formed a Joint Venture Company (JVC) with SAIL for manufacturing of wagons, including high end specialized wagons for Indian Railways and other domestic and overseas customers.
  • 2012-13: Set-up a subsidiary in collaboration with Indian Railways for generation and procurement of power including through renewable energy.
  • 2016-17: Entered into an agreement with Metro Express for providing construction management services for the Metro Express Project in Mauritius.
  • 2016-17: Entered into off-shore construction management project of metro in Mauritius.
  • 2016-17: Entered into railway concessioning agreement on PPP model by forming an SPV for Bhuj-Naliya corridor.
  • 2016-17: Secured highest value export order of about Rs 6,800 million from Sri Lankan Railways for supply of locomotives and DMUs.
  • 2016-17: Recorded highest ever revenue of over Rs 15,000 million in the history of the company.
  • 2017-18: Completed 4.56 km long rail cum road Bogibeel Bridge
  • 2017-18: New campus constructed by RITES for Central University of Kerala at Kasargod, Kerala.
  • 2018-19: Setting up of Wind Plant of 10.5 MW, Tamil Nadu
  • 2018-19: Open Web Girder Launched over Central Railway Track for Metro Crossing
  • 2019-20: RITES signs contract with Sri Lanka for supply of 2 additional DEMUs
  • 2019-20: RITES signs MoU with RailTel