RailTel Corporation of India Ltd. (RCIL) has announced a significant new contract, boosting its project management portfolio. The company has secured a work order worth Rs 131.60 crore (including tax) from the Rajasthan Skill & Livelihoods Development Corporation (RSLDC) for Project Management Consultancy (PMC) services.

Contract Details

The domestic contract, valued at Rs 131.63 crore, was awarded to RailTel on August 23, 2023. According to the company's disclosure to the stock exchanges, the project has a four-year timeline and is scheduled to be executed by August 22, 2027.

Scope of Work

While specific details of the PMC work were not disclosed, the contract involves RailTel providing project management consultancy services to RSLDC. This aligns with RailTel's expertise in managing complex projects and further strengthens its position in the consultancy sector.

Transparency and Compliance

In compliance with SEBI regulations, RailTel has confirmed that neither its promoters nor any group companies have any interest in RSLDC, the entity awarding the contract. Furthermore, the company stated that this contract does not fall under related party transactions, ensuring transparency in the deal.

Market Impact

This new order is expected to contribute positively to RailTel's order book and potentially impact its future revenue streams. The contract's substantial value and extended execution period suggest a steady workflow for the company in the coming years.

About RailTel Corporation of India Ltd.

RailTel Corporation of India Ltd. is a "Mini Ratna (Category-I)" Central Public Sector Enterprise under the Ministry of Railways. The company specializes in providing broadband telecom and multimedia networks across the country, leveraging its extensive optical fiber network along railway tracks.

This latest contract underscores RailTel's growing presence in the project management consultancy sector, diversifying its portfolio beyond its core telecom infrastructure services.

Railtel Corporation of India , a leading provider of ICT services and solutions, has recently secured two significant government contracts totaling ₹50.42 crore, bolstering its position in the public sector technology services market.

Odisha Higher Education Department Contract

RailTel has been awarded a contract worth ₹15.42 crore by the Higher Education Department, Government of Odisha. The scope of this project includes:

• Design and development of CMS-based bilingual websites for colleges
• Project completion deadline: February 19, 2026
• Total contract value: ₹15.42 crore (including tax)

This contract aims to enhance the digital presence of educational institutions in Odisha, potentially improving information accessibility for students and stakeholders.

Kerala State Information Technology Mission Contract

In a separate development, RailTel has also secured a contract from the Kerala State Information Technology Mission. The details of this contract are as follows:

• Project: Operation and maintenance of State Data Centres
• Duration: Five years (until August 18, 2030)
• Contract value: ₹35.00 crore (excluding tax)

This project positions RailTel as a key player in managing critical digital infrastructure for the state of Kerala.

RailTel's Infrastructure and Market Position

RailTel Corporation of India boasts an extensive network infrastructure, which includes:

• 62,000 km of optical fiber network along railway tracks
• 21,000 km citywide access network
• Over 11,000 points of presence
• 1,100 telecom towers nationwide

This robust infrastructure enables RailTel to effectively deliver on large-scale government projects and maintain its competitive edge in the telecom and IT services sector.

Market Response

The market responded positively to these developments, with RailTel's shares closing at ₹359.20, up ₹0.10 or 0.03% on the day of the announcement.

These new contracts not only add to RailTel's order book but also reinforce its position as a trusted partner for government agencies in their digital transformation initiatives. The projects span critical areas of e-governance and digital infrastructure, aligning with India's push towards digital empowerment and improved public services delivery.