RailTel Secures Rs. 18.06 Crore Work Order from Dredging Corporation of India

1 min read     Updated on 21 Sept 2025, 06:24 PM
scanx
Reviewed by
Shriram ShekharScanX News Team
whatsapptwittershare
Overview

RailTel Corporation of India Ltd. (RCIL) has won a Rs. 18.06 crore contract from Dredging Corporation of India Limited (DCI) to provide offshore internet services for DCI vessels and an Integrated Command and Control Center. The project, received on September 20, 2025, is to be completed by January 18, 2026. This contract expands RailTel's presence in the maritime telecommunications sector and is expected to positively impact the company's financial performance.

20004888

*this image is generated using AI for illustrative purposes only.

RailTel Corporation of India Ltd. (RCIL) has announced a significant new contract, bolstering its position in the telecommunications infrastructure sector. The company has secured a work order worth Rs. 18.06 crore from Dredging Corporation of India Limited (DCI), showcasing its expertise in providing specialized communication solutions.

Contract Details

The work order, valued at Rs. 18,06,20,011 (including tax), involves the provision of seamless offshore internet services for DCI vessels and Integrated Command and Control Center (ICCC). This domestic contract highlights RailTel's capabilities in delivering advanced connectivity solutions for maritime operations.

Project Timeline

According to the official disclosure, RailTel received the work order on September 20, 2025, at 18:41 hours. The company is expected to execute the project by January 18, 2026, providing a clear timeline for the implementation of these critical services.

Strategic Implications

This contract underscores RailTel's growing presence in the maritime telecommunications sector. By providing internet services for offshore vessels and command centers, the company is expanding its portfolio beyond traditional rail-based communications infrastructure.

Financial Impact

The Rs. 18.06 crore order is expected to contribute positively to RailTel's financial performance. While the company has not disclosed specific financial projections related to this contract, it represents a substantial project that could enhance RailTel's revenue stream.

Regulatory Compliance

In compliance with SEBI regulations, RailTel has promptly disclosed the details of this work order. The company has confirmed that there are no interests from the promoter group in the entity awarding the contract, and the transaction does not fall under related party transactions.

Conclusion

This new work order from Dredging Corporation of India Limited not only strengthens RailTel's order book but also demonstrates the company's ability to secure significant contracts in specialized sectors. As RailTel continues to diversify its service offerings, the execution of this project may have implications for future growth opportunities in the maritime and offshore communications market.

Historical Stock Returns for Railtel Corporation of India

1 Day5 Days1 Month6 Months1 Year5 Years
-0.96%+5.13%+9.83%+32.91%-12.66%+224.52%
Railtel Corporation of India
View in Depthredirect
like20
dislike

Railtel Corporation Secures ₹209.79 Crore Education Project in Bihar

0 min read     Updated on 15 Sept 2025, 05:53 AM
scanx
Reviewed by
Radhika SahaniScanX News Team
whatsapptwittershare
Overview

Railtel Corporation of India Limited has won a ₹209.79 crore contract from the Bihar Education Project Council. The project, aimed at enhancing education quality in Bihar, is set to be completed by September 11, 2026. This marks Railtel's significant expansion into the education sector, diversifying from its core telecommunications infrastructure business.

19441386

*this image is generated using AI for illustrative purposes only.

Railtel Corporation of India Limited , a prominent player in the telecommunications infrastructure sector, has clinched a significant contract worth ₹209.79 crore from the Bihar Education Project Council. The project aims to enhance education quality in the state, marking a notable venture for the company into the education sector.

Project Details

The newly secured contract focuses on education quality enhancement in Bihar, showcasing Railtel's diversification into sectors beyond its core telecommunications business. Here are the key points of the agreement:

  • Contract Value: ₹209.79 crore
  • Awarding Body: Bihar Education Project Council
  • Project Duration: The execution is scheduled to be completed by September 11, 2026

Implications for Railtel

This contract represents a substantial opportunity for Railtel Corporation to contribute to the educational landscape of Bihar while also strengthening its project portfolio. The multi-year nature of the project, spanning approximately three years, suggests a steady revenue stream for the company during this period.

Conclusion

The securing of this education-focused contract by Railtel Corporation of India Limited underscores the company's ability to leverage its expertise in new sectors. As the project unfolds, it will be interesting to observe how this venture impacts Railtel's financial performance and opens doors to similar opportunities in the future.

Historical Stock Returns for Railtel Corporation of India

1 Day5 Days1 Month6 Months1 Year5 Years
-0.96%+5.13%+9.83%+32.91%-12.66%+224.52%
Railtel Corporation of India
View in Depthredirect
like15
dislike
More News on Railtel Corporation of India
Explore Other Articles