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