RailTel Corporation Secures Major Cloud Services Order from Municipal Corporation Of Greater Mumbai

RailTel Corporation Secures Major Cloud Services Order from Municipal Corporation Of Greater Mumbai

RailTel Corporation Secures Major Cloud Services Order from Municipal Corporation Of Greater Mumbai​

RailTel Corporation of India Limited, a Navratna PSU, has secured a significant contract for cloud services from the Municipal Corporation Of Greater Mumbai. The company received the Letter of Acceptance (LoA) for the project on April 20, 2026.

The contract covers the provisioning, configuration, testing, commissioning, operations, and maintenance of cloud services specifically for the Municipal Corporation Of Greater Mumbai (BMC). This order is classified as a domestic customer project.

According to the details of the contract, the estimated size of the order, inclusive of tax, is Rs. 86,36,21,334/-. The work order was received on April 20, 2026, at 12:30 PM. The project is scheduled for execution over a defined period, concluding by June 5, 2029.

Key details regarding the secured contract include:

ParameterDetails
Awarding EntityMunicipal Corporation Of Greater Mumbai
Scope of WorkProvisioning, Configuration, Testing, Commissioning, Operations & Maintenance of Cloud Services for BMC
Order NatureDomestic Customer Project
Estimated Value (Incl. Tax)Rs. 86,36,21,334/-
Execution Deadline05-JUN-29
Work Order Receipt Date20-APR-26

RAILTEL Stock Price Movement​

Railtel Corporation Of India Limited shares today slipped by 2.92% to settle at ₹326.28 in after-hours trading. The stock saw significant volume, trading on a total of 1.66 million shares during the session.

Source:​

 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Last edited by a moderator:
Back
Top