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 has received a Letter of Intent from the Motor Vehicles Department, Maharashtra for designing, implementing, operating, and maintaining an Intelligent Traffic Management System (ITMS) at blackspots and vulnerable spots in the Vidarbha Circle. The project spans 10 years, with execution timeline running until September 2036. The estimated order value is Rs. 274.40 Crores as per the RFP, with the final amount to be confirmed once the purchase order is issued. The order is domestic in nature and not a related party transaction.
This is a sizeable government order that strengthens Railtel's order book and provides long-term revenue visibility over a decade. The Rs. 274 Cr contract is meaningful relative to the company's annual revenue and signals continued business momentum from state government clients.