Wired for Success: RailTel Bags ₹158.5M Contract to Expand Digital Grid

Image Source: PSU Watch

RailTel Corporation of India Limited, a Mini Ratna PSU of the Ministry of Railways, has secured a work order worth ₹158.5 million, making it a prominent player in India's digital connectivity and network ecosystem. The order, revealed through regulatory filings, is likely to help RailTel pursue its drive in network upgradation, IT services, or telecom infrastructure, although there are no client information details.

Order Snapshot

Order Value: ₹158.5 million
Client: Not public; will most likely be a government or an enterprise customer
Scope: Implicitly assumed to include network integration, managed services, or digital connectivity solutions, consistent with RailTel's core competencies
Strategic Fit: Complements RailTel's expanding portfolio of mission-critical digital infrastructure projects in India

About RailTel Corporation

Founded: 2000
Parent Ministry: Ministry of Railways
Core Business: Telecom infrastructure, broadband services, data centers, and e-governance solutions
Recent Victories: Orders from Indian Army, Coal India, and other state governments for digital transformation programs
FY24 Revenue: ₹2,021 crore with net profit of ₹247 crore

Market Outlook

RailTel is also witnessing the good run continue due to India's drive towards Digital Public Infrastructure (DPI) and smart governance with robust demand coming from public as well as private sectors. The new order is the addition to its clean pipeline of orders in cloud services, security, and AI-based platforms.

Sources: Business Standard, RailTel – Official Website, Moneycontrol