RailTel Secures ₹10.27 Crore Order from Indian Overseas Bank, Strengthens ₹6,616 Crore Pipeline

RailTel Corporation of India Ltd, a Navratna PSU under the Ministry of Railways, has bagged a fresh domestic order worth ₹10.27 crore from Indian Overseas Bank. The contract, focused on Point-to-Point (P to P) connectivity services, adds momentum to RailTel’s robust ₹6,616 crore order book and reinforces its position as a leading telecom and IT infrastructure provider.

 

Key Highlights:

 

The ₹10.27 crore order includes taxes and is scheduled for execution by August 7, 2025.

 

The project involves deploying secure and high-speed P to P connectivity across Indian Overseas Bank’s operational network, enhancing digital banking infrastructure.

 

This win follows RailTel’s recent ₹17.47 crore order from Chhattisgarh’s General Administration Department for integrated communication systems, and a ₹96.99 crore contract from Central Warehousing Corporation for smart warehousing solutions.

 

Strategic Significance:

 

The Indian Overseas Bank order strengthens RailTel’s footprint in the BFSI sector, a key vertical for its enterprise connectivity services.

 

RailTel’s expanding order book reflects its growing relevance in India’s digital transformation, especially in government and public sector modernization.

 

With over 61,000 km of fiber optic network and presence across 6,000+ railway stations, RailTel is well-positioned to deliver scalable, secure, and cost-effective connectivity solutions.

 

Outlook: RailTel’s consistent order wins and diversified client base underscore its operational resilience and growth potential. The company’s Navratna status enables greater financial autonomy, allowing it to pursue innovation and strategic investments across telecom, data centers, and smart infrastructure.

 

Sources: Dalal Street Investment Journal, DSIJ.in..