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RailTel Corporation Secures ₹46.79 Crore Signalling Work Order

Written by: Team Angel OneUpdated on: Jan 22, 2025, 3:53 PM IST
RailTel Corporation received a ₹46.79 crore order from North Western Railway for signalling work, enhancing railway infrastructure.
RailTel Corporation Secures ₹46.79 Crore Signalling Work Order
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RailTel Corporation of India Ltd, a prominent telecom infrastructure provider, has announced receiving a significant work order from the North Western Railway. This contract, valued at ₹46.79 crore (inclusive of taxes), aims to enhance railway signalling infrastructure.

Key Details of the Contract:

  • Awarding Entity: Deputy Chief Signal and Telecommunication Engineer (Construction), Ajmer Division, North Western Railway.
  • Nature of Work: Signalling enhancement for railway infrastructure.
  • Contract Type: Domestic.
  • Value: ₹46.79 crore, inclusive of all applicable taxes.
  • Timeline: Completion targeted by July 20, 2026.

This development was disclosed by RailTel in a regulatory filing. Despite this achievement, RailTel’s share price was trading lower by 2.52% at 3:00 PM on January 22, 2025.

Other Recent Projects by RailTel Corporation

Bharat Coking Coal Limited (BCCL) Order

Earlier in January 2025, RailTel announced a ₹78.43 crore contract awarded by Bharat Coking Coal Limited (BCCL). This project further reinforces RailTel’s expertise in delivering technology-driven infrastructure solutions.

Central Warehousing Corporation Project

RailTel also secured another major contract valued at ₹37.99 crore, including taxes. The project involves the Supply, Installation, Testing, and Commissioning (SITC) of a CCTV system for the Central Warehousing Corporation. The contract is expected to be executed by May 16, 2025.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 22, 2025, 3:53 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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