RailTel Corporation of India Ltd. has announced securing a substantial Letter of Intent (LOI) from the Centre For E-Governance. The contract involves the selection of a System Integrator for the crucial KSWAN 3.0 project. The estimated order size is exceptionally large, valued at ₹4,44,44,44,444/- (including tax). This domestic order is set to be executed by March 26, 2031, significantly boosting RailTel’s presence in government technology infrastructure.
RailTel Receives Letter of Intent for Major Project
RailTel Corporation of India Ltd. formally informed stock exchanges that it has received a Letter of Intent (LOI) from the Centre For E-Governance. This significant development, confirmed on March 27, 2026, pertains to a major contract in the domestic technology integration space.
KSWAN 3.0 System Integration Scope
The core purpose of the LOI is for the SELECTION OF SYSTEM INTEGRATOR FOR KSWAN 3.0. This suggests RailTel will be instrumental in implementing or integrating the third phase of the Knowledge Sharing and Wide Area Network (KSWAN) project, a key component of state e-governance infrastructure. The company confirmed that this is a Domestic project.
Financial Value and Timeline
The financial implications of this award are substantial. The Estimated Size of Order as per the LOI is Rs. 4,44,44,44,444/- (Including Tax). In terms of execution, the time period by which the contract is expected to be completed runs until March 26, 2031. The company confirmed that it received the initial communication regarding the work order on March 27, 2026, at 16:00 Hrs.
Interest Disclosure Status
RailTel confirmed that neither its promoters, promoter group, nor group companies hold any interest in the Centre For E-Governance entity that awarded the contract. Furthermore, the transaction does not fall within the scope of related party transactions, ensuring adherence to standard corporate governance protocols.
Source: BSE
