Railtel Corporation Secures Major Infrastructure as a Service Order from Indian Railway Catering and Tourism Corporation Limited
Railtel Corporation of India Limited has received a significant purchase order for Infrastructure as a Service (IAAS) from Indian Railway Catering And Tourism Corporation Limited. The contract details involve the provision of infrastructure services to the railway corporation.The agreement, which was secured on July 30, 2026, involves Railtel providing IAAS to the public sector entity.
Key details regarding the awarded order are summarized in the table below:
| Detail | Specification |
|---|---|
| Client Entity | Indian Railway Catering And Tourism Corporation Limited |
| Nature of Order | Purchase order for Infrastructure as a service (IAAS) |
| Order Value | Rs. 33,78,54,917/- (Estimated Size including Tax) |
| Type of Entity | Domestic |
| Contract Receipt Date | July 30, 2026 |
| Execution Deadline | September 30, 2029 |
The contract stipulates a duration of two years starting from the date of project commissioning. The service terms are extendable by up to one additional year.
Railtel Corporation remains committed to fulfilling this domestic purchase order for IAAS with Indian Railway Catering And Tourism Corporation Limited.
RAILTEL Stock Price Movement
As of 2:26 PM, shares of Railtel Corporation Of India Limited are shedding value in live trading, currently slipping 3.31% to trade at ₹284.50. The stock operates within a day range bounded by a low of ₹283.80 and a high of ₹293.90, with 925,735 shares recorded in trade.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.
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