Secured Rs 94.24 crore order from Modern Coach Factory Raebareli
RAILTEL · price
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RailTel received a Letter of Acceptance from Modern Coach Factory, Raebareli (under Indian Railways) worth about Rs 94.24 crore. The work involves supply, installation and commissioning of IP-based video surveillance systems in LHB coaches as per RDSO specification. The contract carries a 3-year warranty followed by 5 years of comprehensive annual maintenance. Execution timeline runs until January 2034, giving long-term revenue visibility.
Positive - new long-tenure government order strengthens order book and adds to revenue visibility over the next 8 years.