RITES Ltd., a premier transport infrastructure consultancy, today signed a Memorandum of Understanding (MoU) with the National Institute of Solar Energy (NISE), an apex R&D institute under the Ministry of New and Renewable Energy (MNRE), to collaborate for Quality Assurance (QA) services for solar and renewable energy projects.
The strategic partnership will leverage RITES' extensive expertise in assuring quality, along with NISE's leadership in solar energy research and technology development, to deliver innovative solutions in the renewable energy sector. It aims at exploring and executing QA projects in solar photovoltaic (PV), solar thermal applications, green hydrogen, and other renewable energy domains.
Under this MoU, RITES will provide QA services, while NISE will contribute through research, training, and technological support. Both organizations will work closely to enhance strengthen renewable energy infrastructure and promote skill development initiatives.
Shares of RITES Limited was last trading in BSE at Rs. 274.70 as compared to the previous close of Rs. 270.55. The total number of shares traded during the day was 32136 in over 800 trades.
The stock hit an intraday high of Rs. 277.60 and intraday low of 270.35. The net turnover during the day was Rs. 8857743.00. |
