ALPHA TRIBE

Railtel Corporation Of India LimitedNew Orders, 01-02-2025: Bagging/Receiving of orders/contracts

01-02-2025 | 08:55 am

RailTel Corporation of India Ltd. has secured a significant work order from a domestic defense PSU for setting up a Data Center (DC) and Disaster Recovery (DR) Center, valued at approximately ₹100.33 Crore (including tax). The contract includes a go-live period of four months followed by six years of operational services. Payment will be made quarterly with a performance bank guarantee of 5%. The project is expected to be executed by May 30, 2025. This order enhances RailTel's position in the defense sector and presents a positive outlook for the company's future revenue streams. Investors should monitor this development for its potential to strengthen operational capabilities and contribute to long-term growth.

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