RailTel Corporation of India Ltd. has announced the receipt of a substantial Work Order from the Employees Provident Fund Organisation (EPFO). The order, valued at approximately ₹1,668 crore (including tax), is for an ‘Infra-as-a-Service’ (IaaS) extension. This significant contract is expected to contribute positively to RailTel’s revenue and further solidify its position in providing IT infrastructure services to government organizations.
Major Work Order Secured
RailTel Corporation of India Ltd. (the Company) has officially received a significant Work Order from the Employees Provident Fund Organisation. This development, announced on August 18, 2026, marks a substantial new business win for the company.
Contract Details and Value
The Work Order is an extension for ‘Infra-as-a-Service’ (IaaS) through RailTel, with a duration of 1 year. The broad consideration for this contract amounts to ₹1,66,80,29,314/- (Rupees One Hundred Sixty-Six Crore Eighty Lakhs Twenty-Nine Thousand Three Hundred Fourteen only), inclusive of tax. This contract is classified as domestic, and its execution is expected by February 9, 2027.
Company’s Position
This order underscores RailTel’s continued success in securing large-scale projects, particularly from government entities, and highlights its robust capabilities in providing essential IT infrastructure services. The company has confirmed that there are no promoter/promoter group interests in the awarding entity, and the transaction does not fall under related party transactions.
Source: BSE