RailTel Corp Secures ₹10.6 Crore Contract, Partners with Techno Electric for Data Centre Project
RailTel Corporation of India Limited has been awarded a contract worth ₹10.60 crore. Additionally, the company has entered into a 30-year agreement with Techno Electric & Engineering Company Limited to establish a 10 MW data centre in Noida, Uttar Pradesh. The data centre project will be implemented in phases on RailTel's land, aiming to expand the company's data centre capabilities and strengthen its position in the digital infrastructure sector.

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RailTel Corporation of India Limited , a prominent Mini Ratna (Category-I) Central Public Sector Enterprise, has made significant strides in expanding its data centre capabilities. The company recently announced two major developments that are set to bolster its position in the digital infrastructure sector.
New Contract Worth ₹10.60 Crore
RailTel Corporation has been awarded a contract valued at ₹10.60 crore. While specific details about this contract are not available, it represents a substantial business opportunity for the company. This new project is expected to contribute to RailTel's revenue stream and potentially enhance its market position in the telecommunications and IT services sector.
Strategic Partnership for Data Centre Expansion
In a separate but related development, RailTel has entered into a long-term agreement with Techno Electric & Engineering Company Limited. The partnership involves setting up a state-of-the-art data centre in Noida, Uttar Pradesh. Here are the key points of this collaboration:
- Project Scope: Establishment of a 10 MW data centre
- Location: To be built on RailTel's land in Noida
- Implementation: The project will be executed in phases
- Contract Duration: 30-year agreement with Techno Electric
This strategic move aligns with RailTel's vision to strengthen its data centre infrastructure and capitalize on the growing demand for data storage and management services in India.
Implications for RailTel's Growth
These developments are significant for RailTel Corporation as they demonstrate the company's commitment to expanding its service offerings and infrastructure capabilities. The new contract and the data centre project are expected to:
- Enhance RailTel's revenue potential
- Strengthen its position in the data centre market
- Contribute to the company's long-term growth strategy
- Potentially create new job opportunities in the IT and telecom sectors
As RailTel continues to invest in cutting-edge technologies and infrastructure, it is positioning itself as a key player in India's digital transformation journey. The company's focus on data centre expansion is particularly timely, given the increasing demand for robust digital infrastructure to support the country's growing digital economy.
Investors and industry observers will likely keep a close watch on how these new initiatives unfold and their impact on RailTel's financial performance in the coming quarters.
Historical Stock Returns for Railtel Corporation of India
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+4.32% | +14.39% | +42.84% | +10.48% | +29.63% | +280.02% |