RailTel Corporation of India Ltd. has received a Letter of Intent (LOI) from Prasar Bharti (Broadcasting Corporation of India) for additional features and services on its existing WAVES OTT Platform. The estimated value of this significant order is ₹63,15,14,433/- (Including Tax). This contract is expected to be executed by February 11, 2029.
Major Order Secured by RailTel
RailTel Corporation of India Ltd. announced today that it has received a crucial Letter of Intent (LOI) from Prasar Bharti, the Director General of Doordarshan. This significant development marks the securing of a new order that will bolster RailTel’s service offerings and revenue streams.
Contract Details and Value
The LOI pertains to the provision of additional features and services for the existing WAVES OTT Platform. The estimated consideration for this order is substantial, amounting to Rs. 63,15,14,433/-, inclusive of all taxes. This represents a significant win for RailTel in the broadcasting and digital media services sector.
Execution Timeline
The order is slated for execution by February 11, 2029, indicating a medium to long-term project engagement. The company has confirmed that this contract does not fall within related party transactions and will be conducted at arm’s length.
This announcement, made on September 16, 2026, is in line with SEBI regulations requiring timely disclosure of material information.
Source: BSE
