RITES partners with Oil to develop Duliajan Township as Mini Smart City
RITES Limited, a leading transport infrastructure consultancy and engineering firm, has entered into a Memorandum of Understanding (MoU) with Oil India Limited, the second largest national oil company, to develop Duliajan Township, Assam as a Mini Smart City. . The announcement was made through an exchange filing on Friday.
RITES has collaborated with OIL
As part of the MoU, RITES will undertake a comprehensive study, review the existing system and prepare a suitable/feasible design to develop Duliajan Township as a Mini Smart City managed and operated by OIL.
The collaboration, which aims to revitalize the township, includes infrastructure works such as review of the existing drainage system and design, DPR for integration of solid waste management system, review of road and traffic networks and planning of parking facilities. Additionally, RITES will provide its expertise for buildings, gardening and beautification works.
Leveraging its core strength of consultancy, RITES continues to provide comprehensive, efficient and advanced solutions for the development of infrastructure and related facilities in the North-Eastern States.
RITES LTD SHARES
At 2:55 PM IST on Wednesday, shares of RITES Ltd were trading at Rs 477.40, down 1.03 per cent.
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RITES Limited is a Navratna Public Sector Enterprise and a leading player in the transportation consultancy and engineering sector in India, with diverse services and geographical reach.