RailTel Corporation of India Ltd. has announced securing a substantial new project order, receiving a Letter of Acceptance (LoA) from the Dy. Cste/Project/Jbp of the West Central Railway. The estimated size of this domestic project contract is ₹4,54,94,74,871/- (approximately ₹454.95 Crore). The work under this order is mandated for execution and completion by September 24, 2028.
Intimation of Major Order Secured
RailTel Corporation of India Ltd. hereby informs the stock exchanges that it has successfully received a Letter of Acceptance (LoA) for a significant project. The LoA was issued by the Dy. Cste/Project/Jbp, West Central Railway, confirming the award of a major contract to the company.
Key Contract Details
This disclosure, made pursuant to regulatory requirements, outlines the key commercial terms of the awarded contract:
- Awarding Entity: Dy. Cste/Project/Jbp, West Central Railway.
- Contract Nature: The award is classified as a Project, originating from a Domestic entity.
- Estimated Contract Value: The broad consideration for the order is specified as Rs. 4,54,94,74,871/-.
- Completion Timeline: The order mandates that the project must be executed and completed by September 24, 2028 (a completion time of 960 Days).
- Receipt Date: The Work Order was received on February 09, 2026, at 10:30.
Compliance Affirmation
RailTel confirms that the awarding entity is not a promoter or related party, and the transaction is confirmed to be at No “arm’s length”. The company assures stakeholders that all necessary steps are being taken to ensure the successful execution of this important contract secured from the Railways.
Source: BSE
