homeeconomy NewsRITES and CFM Mozambique ink deal for 10 diesel locomotives

RITES and CFM Mozambique ink deal for 10 diesel locomotives

The pact has been signed for the supply of ten diesel locomotives.

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By PTI Dec 12, 2023 3:50:35 PM IST (Published)

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RITES and CFM Mozambique ink deal for 10 diesel locomotives
State-owned RITES Ltd on Tuesday announced it has signed a pact with CFM Mozambique for the supply of diesel locomotives and incidental services at a total cost of $37,680,080 (Rs 314.1 crore).

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The pact has been signed for the supply of ten diesel locomotives.
”It is hereby informed that the contract agreement with CFM Mozambique for the supply of ten diesel locomotives along with incidental services at a total cost of USD 37,680,080… has been signed,” the company said in a filing to the BSE.

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