RailTel Corporation of India Ltd. has officially received a Letter of Intent from Newspace India Limited (NSIL) to upgrade its IT infrastructure. The project, valued at approximately Rs. 31.21 crore (excluding taxes), involves the comprehensive supply, installation, commissioning, and ongoing operation and maintenance of IT systems. The project is scheduled for completion by January 31, 2027, further strengthening RailTel’s position in the high-growth digital infrastructure and IT services sector.
Strategic IT Infrastructure Expansion
RailTel Corporation of India Ltd. has been awarded a significant contract by Newspace India Limited (NSIL), marking a major development in the company’s efforts to enhance digital infrastructure. The contract entails a comprehensive scope of work, including the supply, installation, and commissioning of upgraded IT infrastructure, as well as the long-term operation and maintenance of these systems for the client.
Financial and Project Details
The total estimated value for this contract stands at Rs. 31,21,42,210/- (excluding tax). This major order signifies RailTel’s capability in executing large-scale technical projects. According to the official timeline provided, the company has until January 31, 2027, to successfully execute and deliver the project requirements. The project was officially awarded to RailTel on May 22, 2026, reflecting the company’s ongoing momentum in securing substantial service-based infrastructure mandates.
Source: BSE
