Ritco Logistics Ltd Bags Orders from NTPC and Jindal Steel & Power
In a significant development, Ritco Logistics Ltd has bagged new orders worth ₹121 crore from NTPC Ltd and Jindal Steel & Power Ltd, further solidifying its position as a market leader in the logistics sector. The orders are a testament to the company’s expertise in bulk material handling and its commitment to environmental sustainability.
The first order, worth ₹85 crore, is a multi-year contract with Jindal Steel & Power Ltd for the nationwide movement of steel products. This deal underscores Ritco Logistics’ capabilities in transportation and logistics, particularly in the handling of large volumes of goods. With this contract, the company will be responsible for transporting steel products across the country, ensuring timely and efficient delivery to customers.
The second order, worth ₹36 crore, is a multi-year contract with NTPC Ltd for the transportation of fly ash in Jharkhand. Fly ash is a byproduct of coal combustion and is used as a valuable resource in various industries, including construction and agriculture. Ritco Logistics’ expertise in bulk material handling and its commitment to environmental sustainability make it an ideal partner for NTPC Ltd. The company will be responsible for transporting fly ash from NTPC’s power plants in Jharkhand to various destinations, ensuring a safe and efficient supply chain.
These orders are significant not only for Ritco Logistics but also for the Indian logistics industry as a whole. They highlight the company’s ability to handle large volumes of goods and its commitment to environmental sustainability. The orders are also a testament to the company’s strong relationships with its customers, including NTPC Ltd and Jindal Steel & Power Ltd.
Ritco Logistics Ltd has been a leading player in the Indian logistics industry for several years, with a strong track record of delivering high-quality services to its customers. The company has a vast network of offices and warehouses across the country, as well as a fleet of vehicles and equipment to handle a wide range of transportation and logistics needs.
In addition to its expertise in transportation and logistics, Ritco Logistics Ltd also has a strong focus on environmental sustainability. The company has implemented various initiatives to reduce its carbon footprint, including the use of green vehicles and the implementation of energy-efficient systems in its warehouses and offices. Ritco Logistics’ commitment to sustainability is reflected in its ISO 14001 certification, which recognizes its efforts to reduce its environmental impact.
The orders from NTPC Ltd and Jindal Steel & Power Ltd are a significant milestone for Ritco Logistics Ltd, and they highlight the company’s position as a market leader in the logistics sector. With its expertise in bulk material handling, its commitment to environmental sustainability, and its strong relationships with its customers, Ritco Logistics Ltd is well-positioned for continued growth and success in the years to come.
