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RailTel Secures ₹81.6 Crore ICT Infrastructure Order from NICSI

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Synopsis:

RailTel Corporation wins ₹81.6 crore order from NICSI for ICT infrastructure. The project is scheduled for completion by August 31, 2024. This follows major contracts worth ₹351.95 crore, ₹130 crore, ₹114 crore, and ₹87 crore earlier in the year.

RailTel News Today

RailTel Corporation of India, a state-run enterprise, has received a substantial work order valued at ₹81.6 crore from National Informatics Centre Services Incorporated (NICSI).

According to a regulatory filing dated June 8, 2024, this order encompasses the supply, installation, configuration, commissioning, and integration of ICT infrastructure.

Additionally, RailTel will be responsible for the operation and maintenance of the infrastructure. This project is scheduled for completion by August 31, 2024.

Explore: RAILTEL CORP OF IND LTD

Previous Major Contracts

In addition to this recent achievement, RailTel secured several significant contracts earlier this year. In March 2024, the company was awarded a work order by the Municipal Corporation of Greater Mumbai, worth ₹351.95 crore.

This contract involved the supply, installation, testing, commissioning, operations, and maintenance of a Hospital Management Information System (HMIS) for the Health Department of the Municipal Corporation of Greater Mumbai.

Additional Contracts

RailTel received a work order from the State Project Director of the Bihar Education Project Council, valued at ₹130 crore. This order further solidified RailTel's position as a leading provider of ICT solutions across various sectors.

Contracts in Odisha

Before these contracts, RailTel also secured two significant orders in Odisha. On March 14, 2024, the company won a contract worth ₹114 crore, followed by another on March 4, 2024, valued at ₹87 crore. These contracts highlight RailTel's growing footprint in the ICT infrastructure domain across different states in India.

In Conclusion

RailTel Corporation of India's latest ₹81.6 crore order from NICSI for ICT infrastructure marks another milestone in the company's robust performance. With multiple substantial contracts won in 2024, RailTel continues to demonstrate its capability and commitment to advancing ICT infrastructure across the country.

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

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

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