RITES and Neyveli Uttar Pradesh Power Ltd execute amendment to MoU

RITES and Neyveli Uttar Pradesh Power Limited (NUPPL) has executed amendment to the Memorandum of Understanding (MoU) for inclusion of hiring of locomotives on a wet-lease basis for in plant movement and shunting of rakes at NUPPL-GTPP Railway Siding in the existing work.

The Contract Value has been enhanced from Rs. 120.13 Crores to Rs. 148.93 Crore excluding GST.

Shares of RITES Limited was last trading in BSE at Rs. 208.80 as compared to the previous close of Rs. 208.15. The total number of shares traded during the day was 37113 in over 835 trades.

The stock hit an intraday high of Rs. 215.50 and intraday low of 207.85. The net turnover during the day was Rs. 7816982.00.

Source : Equity Bulls

Keywords

RITES INE320J01015 NUPPL MoU Amendment AdditionalOrder