RailTel Corporation of India Ltd. has announced securing a significant work order from the National Informatics Centre Services Incorporated (NIC). The contract is valued at Rs. 42,63,34,846/- (Including Tax) for providing a New Core Link under the NKN Project. The execution period for this crucial telecom infrastructure work is set for 12 months, scheduled to be completed by March 31, 2027. The order was officially received on March 16, 2026.
Confirmation of Major Order Secured
RailTel Corporation of India Ltd. (the Company) formally announced the receipt of a new Work Order from National Informatics Centre Services Incorporated. This intimation fulfills the necessary disclosure requirements regarding the securing of a major contract.
Key Contract Details
The details of the secured contract are summarized as follows:
- Awarding Entity: National Informatics Centre Services Incorporated.
- Brief Scope: The work order is for the provision of a New Core Link under the NKN Project.
- Duration: The service period covers 12 Months.
- Nature: The contract is classified as Domestic and falls under the Telecom sector.
- Consideration Size: The broad size of the order, including tax, is precisely Rs. 42,63,34,846/- (Rupees Forty-Two Crore Sixty-Three Lakh Thirty-Four Thousand Eight Hundred Forty-Six Only).
- Execution Deadline: The work is required to be executed by 31-MAR-27.
Reporting Timeline
The Work Order was officially received by RailTel on March 16, 2026, at 15:00 hours. The Company confirms that there is No delay in reporting this material development.
Corporate Approvals
This disclosure has been made with the requisite approval of the ED/NR, ensuring full compliance with corporate governance standards.
Source: BSE