RITES Ltd emerges as L-1 bidder for Sri Lanka Railways DMU supply tender worth approximately ₹400 crore
- Tender covers broad-gauge diesel multiple unit train sets; bid valued at USD 41.45 million.
- Bid remains subject to Sri Lanka Railways’ scrutiny and evaluation.
- If finalized, execution is scheduled within 12 months of the letter of credit opening.
- Disclosed as an international order and not a related-party transaction.