RailTel wins Rs 31.21 crore order from NewSpace India
RailTel Corporation of India secured a Rs 31.21 crore order from NewSpace India Limited for the supply, installation, commissioning, operation, and maintenance of IT infrastructure upgradation. The Letter of Intent was received on May 22, 2026, with an execution deadline of January 31, 2027.

*this image is generated using AI for illustrative purposes only.
RailTel Corporation of India , a Navratna PSU under the Ministry of Railways, has secured a major domestic order from NewSpace India Limited (NSIL) for IT infrastructure upgradation. The contract, valued at ₹31.21 crore excluding tax, involves the end-to-end supply, installation, commissioning, operation, and maintenance of IT systems. This order strengthens RailTel's presence in the government sector infrastructure domain.
Order Details
The company received the Letter of Intent (LoI) on May 22, 2026. The project is classified as a domestic order and must be executed by January 31, 2027. There is no related party transaction or promoter group interest in the awarding entity.
| Parameter | Details |
|---|---|
| Awarding Entity | NewSpace India Limited (NSIL) |
| Nature of Order | Supply, Installation, Commissioning, Operation & Maintenance of IT Infrastructure upgradation |
| Order Type | Domestic |
| Estimated Order Size (Excl. Tax) | ₹31,21,42,210/- |
| Execution Deadline | 31-JAN-27 |
| Date of Receipt of Work Order | 22-MAY-26 |
| Time of Receipt | 18:32 |
| Related Party Transaction | NA |
| Promoter/Group Interest | NA |
Scope of Work
The scope of work encompasses the complete lifecycle of the IT infrastructure upgrade for NSIL. This includes the supply of necessary hardware and software components, followed by their installation and commissioning. Post-deployment, RailTel will be responsible for the operation and maintenance of the infrastructure to ensure seamless performance.
Regulatory Disclosure
The disclosure was made pursuant to Regulation 30 read with Part A (B) of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. J. S. Marwah, Company Secretary and Compliance Officer (Membership No. FCS 8075), filed the intimation on May 23, 2026. The filing referenced SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Historical Stock Returns for Railtel Corporation of India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.64% | +2.64% | -0.92% | -4.00% | -13.72% | +151.57% |
How will this contract with NSIL influence RailTel's future bidding prospects for other critical space and defense sector IT projects?
What impact will the tight eight-month execution timeline have on RailTel's operational margins and resource allocation?
Does this order signal a strategic shift for RailTel towards higher-value Operation & Maintenance (O&M) contracts compared to one-time supply deals?


































