Railtel Corporation Secures Major Work Order from Department of Posts for Cloud Services
Railtel Corporation of India Limited has secured a significant work order from the Department of Posts, marking a major contract win for the Navratna Public Sector Undertaking (PSU). The contract involves the provisioning and management of cloud services specifically for Postal Life Insurance.The contract was awarded by the Department of Posts to Railtel Corp. and was received on August 10, 2026. This domestic work order is slated for execution by September 21, 2026.
The value of the order stands at Rs. 1,19,18,68,499/- (including tax). The transaction pertains to services provided by Railtel Corp. and there are no recorded interests or related party transactions regarding the entity awarding the order.
Key details regarding the work order secured by Railtel Corporation of India Limited include:
| Metric | Details |
|---|---|
| Client Entity | Department Of Posts |
| Nature of Order | Work Order for Provisioning and Management of Cloud Services for Postal Life Insurance |
| Order Value (INR) | Rs. 1,19,18,68,499/- (Including Tax) |
| Contract Duration | The order is to be executed by September 21, 2026 |
| Date of Receipt | August 10, 2026 |
RAILTEL Stock Price Movement
On Monday, shares of Railtel Corporation Of India Limited edged higher, gaining 1.06% to settle at ₹290.85. The stock traded amidst an intraday range between a low of ₹285.65 and a high of ₹291.95, with 419,028 shares recorded in total 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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