RailTel Corporation of India Ltd. has successfully secured a Letter of Acceptance (LoA) from the Mumbai Port Authority for a substantial IT project. The contract involves the Supply, Installation, Testing, Commissioning & Operation & Maintenance (SITC & O&M) of the Hospital Management Information System (HMIS) for the Port’s hospitals and dispensaries. The estimated order size is approximately ₹13.03 crore (excluding tax), with an execution period extending until July 26, 2031.
Major Order Secured from Mumbai Port Authority
RailTel Corporation of India Ltd. has officially announced the receipt of a Letter of Acceptance (LoA) from the Mumbai Port Authority. This development, formalized on March 27, 2026, confirms a significant domestic contract win for the company.
Scope of Work and Financial Details
The awarded contract centers on the comprehensive SITC & O&M of Hospital Management Information System (HMIS). This system will be deployed across the various Hospital and Dispensaries managed by the Mumbai Port Authority.
The key commercial terms are as follows:
- Estimated Order Size: The broad consideration for the contract is quantified at ₹13,03,79,234/- (Excluding Tax).
- Duration: The contract mandates a service period covering the implementation phase plus an operational phase lasting 5 years from the Date of Go-Live. The specified execution timeline concludes on July 26, 2031.
Compliance and Reporting
The company confirms that the order was received on March 27, 2026, at 18:35. It has been confirmed that there is No Delay in reporting this material event. Furthermore, the disclosure confirms that neither the promoter nor the promoter group has any interest in the Mumbai Port Authority, and the transaction does not fall under related party transactions conducted outside an arm’s length basis.
Source: BSE
