Railtel Corporation Of India Limited has informed the Exchange about Bagging/Receiving of orders/contracts
RAILTEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Railtel Corporation of India Limited has received a Letter of Intent (LoI) from Power Grid Corporation of India Limited (PGCIL), a domestic government-owned entity, for a services contract valued at approximately Rs. 115.20 crores (including tax). The contract is to be executed by 10 September 2034, giving it a long execution timeline of about 8.5 years. The order was received on 10 March 2026 at 6:43 PM. There is no related party interest, and the order was awarded at arm's length terms. The order is in the nature of services, likely related to telecom/IT services given Railtel's core business.
This is a significant order win from a prestigious government PSU client, adding to Railtel's order book and providing long-term revenue visibility. The contract strengthens Railtel's position as a key digital infrastructure partner for India's power sector and should be viewed positively by shareholders.