Railtel Secures Major Letter of Intent for Disaster Recovery IT Infrastructure Project
Railtel Corporation of India Limited has secured a significant contract through a Letter of Intent (LoI) from Director IT, involving the supply, installation, integration, and commissioning of disaster recovery IT infrastructure. The order is valued at Rs. 52,56,69,780/- (Including Tax).The agreement pertains to establishing Disaster Recovery IT Infrastructure at the MeitY Empaneled CSP Data Center. This contract also includes five years of operation and maintenance services. Railtel Corporation secured this Letter of Intent on June 16, 2026.
The details of the order and its scope have been summarized as follows:
| Aspect | Detail |
|---|---|
| Entity Awarding Order | Director IT |
| Nature of Order | Letter of Intent |
| Type of Client | Domestic |
| Scope of Work | Supply, Installation, Integration and Commissioning of Disaster Recovery IT Infrastructure at MeitY Empaneled CSP Data Center including its 5 years Operation and Maintenance |
| Estimated Order Size | Rs. 52,56,69,780/- (Including Tax) |
| Execution Deadline | January 12, 2027 |
The order is categorized as a domestic contract. There was no indication of any interest from the promoter or the promoter group companies in the entity that awarded the contract.
RAILTEL Stock Price Movement
Today, shares of Railtel Corporation Of India Limited edged higher to close at ₹323.95, recording a gain of 0.81% in the market session. The stock traded on a volume of 1.22 million shares.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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