RITES Ltd and Central Mine Planning & Design Institute Limited (CMPDI) on Wednesday signed a Memorandum of Understanding (MoU) to jointly pursue projects and consultancy assignments in India and abroad, with a particular focus on mining, renewable energy, and associated infrastructure development.
RITES, a Navaratna company with its extensive international experience, market intelligence, and logistics infrastructure proficiency, will support CMPDI in securing mining projects, undertaking diverse consultancy assignments, and designing capacity-building programmes, the joint statement said.
The partnership also extends to collaborating on consultancy assignments and jointly submitting proposals for both domestic and international mining and evacuation projects.
By aligning with CMPDI, a Coal India subsidiary, RITES intends to bolster its positioning in the mining consultancy segment and broaden its footprint in renewable infrastructure, further enhancing its international project base spanning over 55 countries.
Meanwhile, the Board of Directors of RITES is scheduled to meet on August 6, 2025, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025.
