RITES Limited, a Government of India enterprise, has received a Letter of Intent (LoI) worth USD 20.6 million from ICVL Mozambique. The order involves the supply of Cape Gauge Diesel Electric Locomotives along with preventive maintenance services and consumable spares. The project will be executed over 15 months, with maintenance spanning 24 months.
RITES Limited, a leading transport infrastructure consultancy and engineering company, has announced a major international order, reinforcing its global presence in railway solutions. The contract awarded by ICVL Mozambique highlights India’s growing role in supplying advanced rail technology to overseas markets.
Key Highlights:
Order Value: USD 20,602,500
Scope of Work:
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Supply of Cape Gauge Diesel Electric Locomotives.
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Provision for preventive maintenance services and consumable spares at site.
Execution Timeline:
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Supply to be completed within 15 months.
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Maintenance services to continue for 24 months post-supply.
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Awarding Authority: International Coal Ventures Limited (ICVL), Mozambique.
Corporate Clarification:
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No related party transactions.
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No promoter or group company interest in the awarding entity.
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Strategic Significance: Strengthens RITES’ international portfolio and supports India’s export of railway technology.
This order underscores RITES’ ability to deliver complex rail solutions globally, aligning with India’s push to expand infrastructure exports and international partnerships.
Sources: RITES Limited (BSE/NSE filing, Jan 27, 2026), Company website