New Order Received
RAILTEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
RailTel Corporation has received a Letter of Intent (LoI) from Newspace India Limited (NSIL), a government entity under the Department of Space/ISRO. The order involves supply, installation, commissioning, operation and maintenance of IT infrastructure upgradation for NSIL. The estimated order size is Rs. 31,21,42,210 (approximately Rs. 312 crore excluding tax). The work is to be executed by January 31, 2027. The LoI was received on May 22, 2026 and disclosed on May 23, 2026.
This is a significant domestic order worth over Rs. 312 crore, representing a notable contribution to RailTel's order book. As NSIL is a government entity, this strengthens RailTel's positioning in the government/PSU segment. The order value appears material relative to RailTel's annual revenues.