Praruh Technologies Ltd. Receives Purchase Order from RailTel Corporation of India Ltd.
Praruh Technologies Ltd. announced today that it has received a purchase order from RailTel Corporation of India Ltd. The order, valued at Rs. 38,98,16,753.90, encompasses the design, supply, installation, testing, commissioning, and maintenance for 8 years.RailTel is implementing an optical fiber-based Metro-DWDM System with new generation optical networking systems. The scope of Praruh Technologies' work includes implementation across 286 locations, comprising approximately 400 Nokia Networks devices spread across India. This involves the design, implementation, and maintenance of the project for the complete contract period of 8 years.
The project entails the design, supply, installation, testing, and commissioning of a MDWDM system including integration with RailTel’s existing network. The order is expected to be executed within 180 days from the date of the letter of acceptance (LOA).
According to the company, none of the promoters have any interest in RailTel Corporation of India Ltd., and the transaction is not considered a related party transaction.
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