RailTel Corporation of India has received a Letter of Acceptance (LoA) from Haryana State Electronics Development Corporation Limited for a significant order. The contract, valued at an estimated ₹47,40,00,000/- (including tax), is for the Rate Contract for SITC of Structured LAN at various locations in Haryana, Chandigarh, and Delhi NCR. This major order is expected to substantially enhance RailTel’s revenue and market presence.
Major Order Secured by RailTel
RailTel Corporation of India Limited has announced the receipt of a Letter of Acceptance (LoA) from the Haryana State Electronics Development Corporation Limited. This significant development pertains to a major order that is poised to bolster the company’s order book and revenue streams.
Contract Details and Value
The order, classified as a ‘Rate Contract for SITC of Structured LAN’, is intended for deployment at various locations within the states of Haryana, Chandigarh, and the Delhi NCR region. These services will be provided on behalf of various Haryana State Government Departments. The estimated size of this order, as per the LoA, stands at a substantial ₹47,40,00,000/-, inclusive of taxes. The execution period for this contract is set to conclude by April 18, 2028.
Strategic Significance
This award underscores RailTel’s capability in delivering complex network infrastructure solutions to government entities. The ‘Domestic’ classification of the entity awarding the contract highlights the company’s strong position within the Indian market. The order is for the ‘SITC of LAN’ (Supply, Installation, Testing, and Commissioning of Local Area Network), a critical component for digital infrastructure development. RailTel’s commitment to expanding its service offerings and securing large-scale projects is further validated by this significant contract.
Source: BSE
