RailTel Corporation secures ₹100 crore contract from Konkan division for IT solution project

Telecom infrastructure firm RailTel Corporation of India Ltd on Wednesday (April 15) said it has received a Letter of Intent worth ₹100 crore from the Divisional Commissioner, Konkan Division, for the development and maintenance of an integrated IT solution.

The project involves the selection of a system integrator for monitoring minor minerals and includes both development and maintenance of the IT solution. The contract is domestic in nature.

The estimated size of the order, as per the Letter of Intent, is ₹100 crore, excluding taxes. The execution timeline for the project extends until April 14, 2031. RailTel stated that there is no promoter or group company interest in the awarding entity, and the contract does not fall under related party transactions.

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Yesterday, RailTel Corporation of India said it has received a Letter of Acceptance (LoA) from Rail Vikas Nigam Limited for an order valued at ₹255.27 crore, including tax, for deploying integrated tunnel communication systems.

The contract pertains to Package 2, involving the supply, installation, testing and commissioning of integrated tunnel communication systems across tunnels T-8 to T-11 and four stations, covering a section length of 36 km. The scope includes VHF simplex systems, CCTV systems, public address systems and emergency call points.

The order has been awarded by a domestic entity and is classified as a domestic contract. The execution timeline for the project extends up to April 12, 2028. RailTel said the work order was received on April 13, 2026, at 20:59.

Also Read: RailTel bags ₹4,550 crore West Central Railway order, adds to strong project pipeline

Shares of Railtel Corporation of India Ltd ended at ₹336.65, up by ₹52.20, or 18.35%, on the BSE.