RITES and DVC Signed MoU for Collaboration on Rail Infra
The RITES and DVC signed a Memorandum of Understanding to improve the rail infrastructure management across the Damodar Valley Corporation Rail network
by Damodharan N
Updated Jun 17, 2024
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RITES Ltd., a Public Enterprise transport infrastructure consultancy, has entered into a Memorandum of Understanding (MoU) On June 14th with Damodar Valley Corporation (DVC), under the Ministry of Power, to enhance rail infrastructure management across DVC’s private railway network in West Bengal and Jharkhand.
The collaboration focuses on comprehensive maintenance and operational management of crucial railway assets, including railway sidings, signalling and telecommunication (S&T) systems, and 25KV Overhead Electrification (OHE) isolators.
RITES will undertake Annual Maintenance Contracts (AMCs) for railway sidings, oversee operations and maintenance of S&T systems, and manage the operation of 25KV OHE isolators within the designated areas.
Read the full press release Here
About RITES
RITES Limited, recognized as a Navratna Public Sector Enterprise, brings over 50 years of expertise in transport consultancy and engineering services across Asia, Africa, Latin America, South America, and the Middle East. The MoU underscores RITES' commitment to operational excellence and sustainable growth through strategic partnerships.
About DVC
Damodar Valley Corporation (DVC) is a statutory body established under the Ministry of Power, Government of India, with a significant role in the development of the Damodar River basin. Formed on July 7, 1948, DVC is recognized as India's first multipurpose river valley project.
DVC's primary objectives include flood control, irrigation, power generation, and navigation in the Damodar Valley region. Over the years, DVC has played a crucial role in the region's development by constructing dams, reservoirs, and power plants.
It has also been involved in mining activities and has implemented various social welfare and corporate social responsibility (CSR) initiatives within its command area.
RITES and DVC Signed an MoU for Collaboration on Rail Infra - FAQs
1. What is RITES Limited?
RITES Limited is a Navratna Public Sector Enterprise in India specializing in transport consultancy and engineering services.
2. What does DVC stand for?
DVC stands for Damodar Valley Corporation, a statutory body under the Ministry of Power, Government of India.
3. When was DVC established?
DVC was established on July 7, 1948, as India's first multipurpose river valley project.
4. What is the focus of RITES and DVC's MoU?
The MoU focuses on enhancing rail infrastructure management across DVC's private railway network in West Bengal and Jharkhand.
5. What are DVC's primary objectives?
DVC's objectives include flood control, irrigation, power generation, and navigation in the Damodar Valley region.