We have received PO worth Rs.38,98,16,753.90/- from Railtel, who is implementing an optical fiber-based Metro-DWDM System with new generation optical networking systems (SDN based). The ....
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Praruh Technologies Ltd has received a Purchase Order valued at approximately Rs. 38.98 crore (Rs. 38,98,16,753.90) from RailTel Corporation of India Ltd, a Government of India PSU under the Ministry of Railways. The order involves design, supply, installation, testing, commissioning and maintenance of a Metro-DWDM (Dense Wave Division Multiplexer) optical fiber system across 286 locations with around 400 Nokia Networks devices spread across India. Implementation is to be completed within 180 days of the Letter of Award, with maintenance support extending for 8 years. The order is a domestic contract and is not a related party transaction, with no promoter interest in RailTel.
This is a significant order from a government PSU that provides strong revenue visibility for the company over both the short term (180-day execution) and the long term (8-year maintenance). The order win from a reputed public sector entity like RailTel could enhance Praruh Technologies' credibility and may positively influence investor sentiment given the order size relative to a newly listed small-cap company.