Rithwik Projects
Rithwik Projects Private Limited is a Hyderabad-based, privately-held Indian infrastructure construction company executing tunnels, highways, railways, hydroelectric, irrigation, water supply, and mining projects on EPC and Hybrid Annuity contracts for central and state government agencies across India.
- Company typePrivate
- Founded1999
- HeadquartersHyderabad, India
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Rithwik Projects does
Rithwik Projects Private Limited is a Hyderabad-headquartered, privately-held Indian infrastructure development and construction company executing large-scale engineering projects for central and state government agencies and public sector undertakings. Its eight service verticals are Tunnels, Highways & Roads, Railways & Metro, Power & Hydro, Pumped Storage, Irrigation Projects, Water Supply, and Mining, with projects executed under EPC (Engineering, Procurement, Construction) and Hybrid Annuity Model contracts awarded via competitive tender processes as lowest bidder.
The company's technical core is large-scale civil engineering, deploying methods such as Robbins Double Shield TBM, NATM (New Austrian Tunneling Method), and cut-and-cover tunneling, alongside GPS-powered fleet tracking, drone-based project monitoring, and geogreen installations for soil erosion prevention. Notable execution credentials include a 97.5m dam with four 100 MW turbines at Koteshwar HEP, TBM tunneling beneath India's largest tiger sanctuary (Nagarjuna Sagar National Park), the 396-metre Watal Gala road tunnel, and 4-laning of the 43 km Mydukur-Badvel section of NH-67 under Bharatmala Pariyojna.
Rithwik monetizes exclusively through one-time project contracts awarded by government entities, with observed contract values ranging from INR 70 Crores to over INR 6,000 Crores, including marquee wins such as the Rs 1,139.67 crore Bengaluru Hebbal tunnel (via Rithwik-AMRIL JV), INR 2,639.79 Crore Eastern Kosi Main Canal project, and INR 2,099 Crore Kharghar-Turbhe Tunnel Road. The company is led by Director & CEO Chander Sheel Bansal, reports 1,000+ professionals, and operates across 16+ Indian states with its corporate office in Banjara Hills, Hyderabad.
Rithwik Projects firmographics
Firmographics- Name
- Rithwik Projects
- Legal name
- Rithwik Projects Private Limited
- Website
- https://rithwikprojects.com
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Rithwik Projects Private Limited is a Hyderabad-based, privately-held Indian infrastructure construction company executing tunnels, highways, railways, hydroelectric, irrigation, water supply, and mining projects on EPC and Hybrid Annuity contracts for central and state government agencies across India.
- Ownership category
- akta.pro rank
Rithwik Projects industry classification
Industry- Product category
- Infrastructure Construction Services
- NAICS
- Utility System Construction (2371), Water and Sewer Line and Related Structures Construction (237110)
- SIC
- Heavy Construction Other Than Bldg Const - Contractors (1600), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)
- akta.pro primary industry
- Hydropower EPC & Civil Construction (Dams, Weirs, Tunnels, Penstocks) (EUAMADAB)
- akta.pro secondary industry
- Hydro BOP Civil & Water Conveyance (Dams, Spillways, Penstocks, Canals) (EUAMAFAG)
Keywords
Where Rithwik Projects is headquartered
LocationHeadquarters
- HQ city
- Hyderabad
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Rithwik Projects business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Infrastructure, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Infrastructure Construction Contracts: The company generates revenue through winning and executing large-scale infrastructure construction contracts from government agencies and public sector undertakings. Revenue is project-based, typically under EPC (Engineering, Procurement, Construction) mode or Hybrid Annuity Model. Contracts range from INR 70 Crores to over INR 6,000 Crores in value.
- Government Infrastructure Projects: Revenue from diverse infrastructure verticals including tunnels, highways, railways, dams, hydroelectric projects, irrigation systems, water supply, and mining operations. Projects are awarded through competitive bidding processes by various central and state government agencies.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Government Infrastructure Contracts |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels7 records
Rithwik Projects product offering
Product offeringCore offering
Rithwik Projects Private Limited is a multi-vertical infrastructure development company that executes large-scale engineering, procurement, and construction (EPC) projects across India. The company delivers tunnels, highways and roads, railway and metro infrastructure, hydroelectric and pumped storage power projects, irrigation systems, water supply infrastructure, and mining operations for government agencies and public sector undertakings.
Product overview
Rithwik Projects Private Limited is a multi-vertical infrastructure development company operating across eight core service verticals: Tunnels, Highways & Roads, Railways & Metro, Power & Hydro, Pumped Storage, Irrigation Projects, Water Supply, and Mining. The company executes large-scale engineering and construction projects for government and private clients across India, with expertise spanning tunnel construction using NATM and TBM methods, highway development under Bharatmala Pariyojna, hydroelectric projects, irrigation canal systems, and mining operations. Projects are delivered through EPC (Engineering, Procurement, and Construction) mode, Hybrid Annuity Model, and other contract structures, serving clients including NHAI, NTPC, THDC, state water resources departments, and various government bodies.
Differentiator
Problem solved
Functional benefit
Products and services
- Tunnels Construction of road tunnels, railway tunnels, and water transfer tunnels using methods including NATM, TBM (Tunnel Boring Machine), and cut-and-cover techniques, delivered for government agencies across India.
- Highways & Roads Construction and upgradation of national highways, state highways, and urban roads including 4-laning and expansion projects under programs such as Bharatmala Pariyojna, delivered for NHAI and state agencies.
- Railways & Metro Railway and metro infrastructure construction including station buildings, rail lines, bridges, and depot construction for agencies such as K RIDE and MMRDA.
- Power & Hydro Hydroelectric power project construction including dams, barrages, powerhouse construction, and turbine installation for hydro power complexes such as Koteshwar HEP, Rangit-IV, and Tapovan Vishnugad.
- Pumped Storage Pumped storage hydroelectric projects that transform water into stored energy through advanced hydropower engineering for peak-time power generation.
- Irrigation Projects Large-scale irrigation infrastructure including canal construction, lining, barrage building, and water management systems for agricultural development, including the Eastern Kosi Main Canal remodelling project in Bihar.
- Water Supply Development of dependable and sustainable water supply infrastructure including intake wells, pumping stations, reservoirs, pipelines, and IoT-based monitoring systems for state water supply programs including the Jal Jeevan Mission.
- Mining End-to-end mining solutions including excavation, extraction, manual loading, and transportation across challenging terrains for iron ore, coal, and barytes, executed for clients including SAIL's Raw Material Division.
Quantifiable outcome
- Successfully completed 396-metre road tunnel at Watal Gala near Salal village
- +3 more outcomes
Companies that use Rithwik Projects
Customer profileNamed customers11 records
Segments2 records
Ideal customer profiles2 records
Rithwik Projects technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Rithwik Projects partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- AMR India Ltd (AMRIL)coreRithwik Projects Ltd formed a joint venture with AMR India Ltd (Rithwik-AMRIL) for the Hebbal short tunnel project in Bengaluru. The joint venture was awarded the Rs 1,139.67 crore contract by the Bangalore Development Authority. AMR India Ltd serves as the JV partner for executing this major tunnel infrastructure project. This partnership enables the combined entity to bid for and execute large-scale infrastructure projects that neither company could undertake alone.
Scale indicators7 records
Recent moves6 records
Expansion highlights4 records
Rithwik Projects competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Rithwik Projects social profiles
Digital presenceRithwik Projects compliance and trust
Trust signalCompliance1 record
Rithwik Projects financial estimates
Financial estimateRevenue estimate
Valuation estimate
Rithwik Projects leadership team
Management profileNumber of profiles
Profiles1 record
Rithwik Projects funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Rithwik Projects M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Rithwik Projects
What does Rithwik Projects do?
Rithwik Projects Private Limited is a multi-vertical infrastructure development company that executes large-scale engineering, procurement, and construction (EPC) projects across India. The company delivers tunnels, highways and roads, railway and metro infrastructure, hydroelectric and pumped storage power projects, irrigation systems, water supply infrastructure, and mining operations for government agencies and public sector undertakings.
Is Rithwik Projects a public or private company?
Rithwik Projects is a private company. It is classified as unknown and is currently operating.
When was Rithwik Projects founded?
Rithwik Projects was founded in 1999. It employs 251 to 500 people.
Where is Rithwik Projects based?
Rithwik Projects is headquartered in Hyderabad, India, in the Asia region.
How does Rithwik Projects make money?
Two revenue lines are on record. Infrastructure Construction Contracts are the primary driver. The others are government Infrastructure Projects.
Does Rithwik Projects have an API?
No public API is recorded for Rithwik Projects.
What industry is Rithwik Projects in?
Rithwik Projects's product category is Infrastructure Construction Services. Its primary akta.pro industry code is EUAMADAB, Hydropower EPC & Civil Construction (Dams, Weirs, Tunnels, Penstocks), with a secondary code of EUAMAFAG, Hydro BOP Civil & Water Conveyance (Dams, Spillways, Penstocks, Canals). Its NAICS code is 2371 and its SIC code is 1600.