RailTel Corporation of India Ltd (RailTel) has clinched a significant contract in the smart city infrastructure segment, further solidifying its position in the industry. The company has been awarded a ₹2.17 billion (₹216.82 crore) Safe City project contract from the Bihar State Electronics Development Corporation Ltd (BSEDC).

Contract Details

RailTel received the Letter of Intent (LOI) for the project on August 4, 2025, as disclosed in a regulatory filing. The contract, valued at ₹216.82 crore (including tax), is for the implementation of the 'Mukhyamantree Surakshit Sushaasit Shahar' (Safe City) project in Bihar.

Project Scope and Timeline

The Safe City project aims to enhance urban safety and governance in Bihar. While specific details of the project implementation were not provided, such initiatives typically involve the deployment of advanced surveillance systems, emergency response mechanisms, and integrated command and control centers.

According to the company's disclosure, the project has a five-year execution timeline, with a completion date set for August 4, 2030.

Significance for RailTel

This contract win represents a major milestone for RailTel in the smart city and urban infrastructure sector. It demonstrates the company's growing capabilities in executing large-scale projects and strengthens its order book, potentially leading to improved revenue streams in the coming years.

Market Impact

The news of this substantial contract is likely to be viewed positively by investors and market analysts. It showcases RailTel's ability to secure significant projects in the competitive smart city segment, which is a key growth area in India's infrastructure development plans.

Company's Disclosure

In compliance with SEBI regulations, RailTel has provided detailed disclosure about the contract. The company confirmed that:

• The order is domestic in nature
• No related party transactions are involved
• Neither the promoter nor the promoter group has any interest in BSEDC, the entity awarding the contract

As RailTel continues to expand its portfolio in the digital infrastructure space, this latest contract underscores the company's growing importance in India's smart city initiatives and its potential for future growth in this sector.

RailTel Corporation of India Ltd. (RailTel) has clinched two significant contracts, showcasing its strong position in the domestic market for technology and infrastructure projects.

Bihar Safe City Project

Contract Details

• Project Value: Rs 216.82 crore (including tax)
• Awarding Entity: Bihar State Electronics Development Corporation Ltd
• Project Nature: Implementation of Mukhyamantree Surakshit Sushaasit Shahar (Safe City)
• Contract Type: Domestic
• Execution Deadline: August 4, 2030
• Work Order Receipt: August 4, 2025

Project Significance

The Safe City project is a crucial initiative aimed at enhancing urban security and governance in Bihar. RailTel's involvement in this project underscores its expanding role in providing technological solutions for smart city development and public safety infrastructure.

Airports Authority of India (AAI) Telecom Services Contract

Contract Details

• Project Value: Rs 185.71 crore (including tax)
• Awarding Entity: Airports Authority of India
• Project Nature: Providing MPLS-VPN services at AAI airports and offices
• Contract Type: Domestic
• Execution Deadline: August 31, 2030
• Work Order Receipt: August 4, 2025

Company Disclosure

RailTel has officially disclosed information about both contracts in compliance with SEBI regulations. Key points from the disclosures include:

• Both contracts are purely domestic in nature
• There are no related party transactions involved
• The promoter/promoter group has no interest in the awarding entities

Market Impact

These substantial contracts are expected to bolster RailTel's project portfolio and potentially impact its financial performance positively over the coming years. The long-term nature of both projects, with execution periods extending to 2030, suggests steady revenue streams for the company.

RailTel's success in securing these contracts may be seen as a testament to its capabilities in executing large-scale, technology-driven projects in the public sector. As urban safety and airport infrastructure continue to be priorities for government entities, similar opportunities may arise for RailTel in other regions, potentially leading to further growth in these segments.

Investors and market analysts will likely watch closely how these projects contribute to RailTel's overall business performance and its positioning in the smart city, public safety solutions, and telecom services markets.