RITES has bagged three new railway line turnkey projects from the Ministry of Railways involving an investment of ₹4,027 crore. It has already received a Letter of Acceptance for the execution of all three projects. The project includes the construction of a new line between Belgam - Dharwad and via kittur entailing ₹1,010.80 crore and also laying a new line between Shimoga - Shikaripura-Ranebennur involving ₹1,074.02 crore. In addition, the company has also won the contract for the construction of a new line between Tumkur-Devangere via Chitradurga involving an investment of ₹1,943.29 crore.
