RailTel secures Rs 63 crore order from Deendayal Port Authority
RAILTEL · price
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RailTel Corporation of India has received a work order worth Rs 63.00 crore (excluding tax) from Deendayal Port Authority for Design, Supply, Installation, Testing and Commissioning along with Operation and Maintenance of an Integrated Gate Automation System at Kandla for 5 years. The order is domestic, with execution to be completed by August 16, 2031. No promoter or related party interest is involved in the awarding entity.
Strengthens order book with a 5-year revenue stream from a government entity; positive for revenue visibility.