According to RITES, this partnership will merge its expertise in transport infrastructure and engineering consultancy with CRISIL’s capabilities in data intelligence, analytics, research, and market insights.
The MoU outlines that both organizations will investigate consultancy assignments and infrastructure opportunities across various sectors, including railways, metro systems, highways, expressways, airports, ports, ropeways, bridges, tunnels, urban transport, energy, water resources, hydropower, wastewater management, and industrial infrastructure in India and overseas.
This collaboration aims to enhance analytical and advisory support for infrastructure projects through market intelligence, data validation, financial due diligence, valuation assistance, and the development of analytical models for projects undertaken by RITES.
RITES Limited shares closed at ₹206.25, marking an increase of ₹1.05 or 0.51%, on the BSE, while CRISIL Limited shares ended at ₹3,988.55, down ₹27.75 or 0.69%.
(Edited by : Jomy Jos Pullokaran)
