RailTel Corporation of India Ltd. has recently secured a significant work order from Ircon International Limited. The contract, valued at ₹1,62,58,96,785 (₹162.58 crore) involves integrated tunnel communication and railway general telecommunication arrangements for the Sivok-Rangpo New Broad Gauge (BG) Rail Line project.
This announcement was made in compliance with SEBI regulations, ensuring transparency and disclosure to stakeholders.
The contract, awarded by Ircon International Limited, is a domestic project focusing on enhancing communication infrastructure along the Sivok-Rangpo rail line.
This initiative aligns with Indian Railways’ efforts to modernise its telecommunication systems, ensuring safety and operational efficiency. The project will be executed over a period culminating on 28 March 2026, reinforcing RailTel’s expertise in large-scale railway communication solutions.
The order encompasses the installation of integrated tunnel communication systems and general railway telecommunication arrangements. This will significantly improve connectivity within tunnels, ensuring seamless communication for operational and safety purposes. Given the critical nature of such projects, RailTel’s involvement highlights its role as a key player in India’s railway modernisation efforts.
The contract was awarded under fair market conditions, with no involvement of promoter groups or related party transactions. As per SEBI’s Listing Obligations and Disclosure Requirements (LODR) regulations, RailTel has formally disclosed the contract details. The work order was received on 28 March 2025.
As of April 01 2025, at 11:20 AM, RailTel share price was trading at ₹301.80 per share, reflecting a decline of 0.25% from its previous closing price. Over the past month it has surged by 8.85%
RailTel’s acquisition of this contract from Ircon International Limited marks a significant milestone in the company’s growth and contribution to India’s railway modernisation. The project underscores the company’s expertise in railway telecommunication and its ability to execute high-value contracts efficiently.
With a clear timeline and well-defined scope, RailTel is set to deliver a crucial infrastructure upgrade for the Sivok-Rangpo rail line, reinforcing safety and communication within railway operations.
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Published on: Apr 1, 2025, 2:35 PM IST
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