RITES bags $81m rolling stock supply contract from Zimbabwean railways

RITES Limited, the Indian multinational public sector engineering and consultancy firm, has inked contract agreements with the National Railways of Zimbabwe (NRZ) worth $81.17 million. This contract focuses on the supply of rolling stock, including 3000 HP Diesel Electric Locomotives and High Sided Open Wagons.

The realization of these contract agreements hinges on the approval of funding by the respective funding agency. Once greenlit, this venture will bolster RITES’ global presence, underscoring its reputation as a leading provider of transportation solutions. For National Railways of Zimbabwe, this agreement aligns with its aim to modernize its railway infrastructure and enhance transportation efficiency.