Railtel Corporation of India Secures 10-Year Technology Partnership with Thane Municipal Corporation

Railtel Corporation of India Secures 10-Year Technology Partnership with Thane Municipal Corporation
<h1>Railtel Corporation of India Secures 10-Year Technology Partnership with Thane Municipal Corporation</h1>

Railtel Corporation of India Limited has secured a major technology partnership through a Letter of Intent from the Thane Municipal Corporation. The contract awards Railtel the role of Technology Partner for the development, upgradation, implementation, operation, and maintenance of the DigiThane Citizen Engagement Platform.

The agreement extends for a period of 10 years and involves a significant domestic order, as confirmed by the company. Railtel received the order on June 29, 2026.

The partnership details are summarized below:

AspectDetail
Entity Awarding OrderThane Municipal Corporation
Nature of OrderTechnology Partner for Development, Upgradation, Implementation, Operation, and Maintenance of the DigiThane Citizen Engagement Platform
Contract Duration10 years
Estimated Order ValueRs. 13,60,00,000/- (Including Tax)
Client StatusDomestic entity

The terms stipulate that Railtel Corporation will be responsible for the complete lifecycle management of the platform, starting from development through maintenance over the specified decade. The contract execution deadline is set for June 28, 2036.

Further details regarding the transaction indicate that there is no interest held by the promoter or the promoter group in the entity awarding the order. Furthermore, the engagement has been confirmed not to be a related party transaction.

RAILTEL Stock Price Movement​

Shares of Railtel Corporation Of India Limited are edging higher to ₹311.15 as of 11:28 AM today, bolstered by a gain of 1.62% or ₹4.95 in live trading. The stock is currently being traded on a robust volume of 292,077 shares.
 

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