RailTel Corporation of India Ltd. has received a substantial Letter of Intent (LOI) from Prasar Bharati (Doordarshan) for a major project. The estimated value of the order is Rs. 1,59,80,86,415/- (Including Tax). This domestic services contract pertains to the SITC/Services of a Cloud Based Integrated News Room for various Doordarshan units. The execution timeline for this significant project is set until March 18, 2029.
Major Contract Secured by RailTel
RailTel Corporation of India Ltd. formally announced today, March 20, 2026, that it has secured a significant Letter of Intent (LOI) from the Director General of Prasar Bharti (Broadcasting Corporation Of India), Doordarshan. This development marks a key business achievement for RailTel in the government services sector.
Project Details and Value
The contract has been classified as a Services agreement and is entirely Domestic in nature. The significant terms involve the SITC/Services of Cloud Based Integrated News Room for Doordarshan News, DD India and Regional News Units of Doordarshan. The broad consideration for this order, as per the LOI, is estimated at Rs. 1,59,80,86,415/- (Including Tax). The confirmed date of receipt of the work order details was March 19, 2026.
Execution Timeline
The specified time period by which the order(s) / contract(s) is expected to be executed extends until March 18, 2029. The company confirmed that there are no promoter group interests involved in the awarding entity, and the transaction is not classified as a related party transaction.
Source: BSE
