RITES Limited, a Schedule ‘A’ public sector enterprise under the Government of India, announced on December 23, 2025 that it has secured a Major Order from Ndalama Capital (Pty) Ltd., South Africa. The announcement came on the same day as other large infrastructure wins reported in the market, highlighting strong overseas demand for Indian engineering and railway expertise.
Scope of the Contract
The order involves the supply and commissioning of in-service Cape Gauge ALCO diesel-electric locomotives. These locomotives are specifically designed to operate on Cape Gauge railway tracks, which are widely used in South Africa.
RITES will deliver the locomotives on a CIF (Cost, Insurance, and Freight) basis, meaning the company will manage transportation, insurance, and delivery up to the destination port. Since the client is based outside India, the project is classified as an international contract.
Order Value and Execution Timeline
The total value of the contract is USD 35.20 million. RITES is expected to complete the supply and commissioning of the locomotives within 18 months from the date of the order.
This overseas win further strengthens RITES’ presence in the global railway and transport infrastructure market.
Compliance and Regulatory Disclosure
RITES has clarified that neither its promoters nor its group companies have any interest in Ndalama Capital (Pty) Ltd. The transaction does not fall under related party transactions and has been executed at an arm’s length basis, in line with SEBI (LODR) Regulations.