The two contracts add to RailTel’s recent order wins across digital governance, network infrastructure and IT services.
₹167.52 Crore Order from Railway Recruitment Board
The order from the Railway Recruitment Board, Secunderabad, is valued at ₹167.52 crore, excluding taxes. Under the contract, RailTel will provide pre-examination and post-examination services for recruitment examinations conducted under various Centralised Employment Notifications (CENs) issued by the Railway Recruitment Board.
The contract will remain in effect until October 15, 2031.
Additional Order for IT Infrastructure and Cybersecurity
RailTel has also received an order from Health Insurance TPA of India Limited, valued at ₹18.99 crore, including taxes. The contract covers services related to IT infrastructure and cybersecurity.
The agreement has a tenure of three years and will continue until October 16, 2029.
RailTel Continues to Secure Major Contracts
RailTel has secured several other significant orders over the past few months.
On October 13, the Higher Education Department of the Odisha government awarded the company a ₹49 crore contract. Under the agreement, RailTel will develop 83 digital application modules for a digital governance platform.
Earlier, in August, RailTel received a ₹165 crore contract from Western Coalfields. The project involves establishing an MPLS VPN network on a rental basis for a period of 60 months. The contract will run until September 20, 2031.
RailTel also received an order worth ₹166.8 crore from the Employees' Provident Fund Organisation (EPFO) in August. The order extended the company's existing Infrastructure-as-a-Service (IaaS) arrangement by one year, with the extended arrangement continuing until February 9, 2027.
These contracts span recruitment examination services, digital governance, network connectivity and IT infrastructure, adding to RailTel's portfolio of government and enterprise projects.
RailTel Shares and Market Capitalisation
On Friday, October 16, RailTel shares closed 0.57% higher at ₹255.05 on the BSE. However, the stock has delivered a negative return of 23.90% over the past six months.
The company has a market capitalisation of ₹8.17 thousand crore.
RailTel is a Navratna public sector company under the Ministry of Railways. It works on telecommunications infrastructure, digital services and technology-related projects.
The latest orders bring RailTel contracts worth a combined ₹186.51 crore, with the larger Railway Recruitment Board agreement extending through October 2031.
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