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Item 1

RITES Secures USD 18 Million Order from South Africa’s Talis Logistics for Overhauled ALCO Locomotives

On 25 September, RITES Ltd confirmed via its listing obligations and disclosure requirements that it has received a letter of award from Talis Logistics in South Africa for the supply and commissioning of overhauled in-service Cape Gauge ALCO diesel-electric locomotives.

Delivery of the locomotives will be completed within six to eight months from receipt of the advance payment.

The value of the contract is USD 18.00 million (CIF).

Item 2

Contributor:

RITES Secures USD 18 Million Order from South Africa’s Talis Logistics for Overhauled ALCO Locomotives

On 25 September, RITES Ltd confirmed via its listing obligations and disclosure requirements that it has received a letter of award from Talis Logistics in South Africa for the supply and commissioning of overhauled in-service Cape Gauge ALCO diesel-electric locomotives.

Delivery of the locomotives will be completed within six to eight months from receipt of the advance payment.

The value of the contract is USD 18.00 million (CIF).

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RITES Secures USD 18 Million Order from South Africa’s Talis Logistics for Overhauled ALCO Locomotives
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RITES Ltd has received a USD 18 million letter of award from South Africa’s Talis Logistics for the supply and commissioning of overhauled Cape Gauge ALCO diesel-electric locomotives, with delivery expected within six to eight months.
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Item 2

RITES Ltd has received a USD 18 million order from South Africa’s Talis Logistics for the supply and commissioning of overhauled Cape Gauge ALCO diesel-electric locomotives. Delivery is scheduled within six to eight months from receipt of the advance payment.
#RITES #TalisLogistics #Locomotives #ALCO #CapeGauge #RollingStock #RailEngineering #FreightRail #RailProcurement #SouthAfricaRail #IndiaRailExports #RailIndustry

Item 2

Contributor:

RITES Secures USD 18 Million Order from South Africa’s Talis Logistics for Overhauled ALCO Locomotives

On 25 September, RITES Ltd confirmed via its listing obligations and disclosure requirements that it has received a letter of award from Talis Logistics in South Africa for the supply and commissioning of overhauled in-service Cape Gauge ALCO diesel-electric locomotives.

Delivery of the locomotives will be completed within six to eight months from receipt of the advance payment.

The value of the contract is USD 18.00 million (CIF).

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