Deals10 April 2026 at 04:02 am
RailTel Bags Rs. 23.18 Crore Order from Goa Board for Exclusive Online Portal Development, Project Completion by June 2026
AI Summary
RailTel Corporation of India Ltd. has announced a new domestic work order valued at Rs. 23,18,08,625/- (including tax) from The Goa Building And Other Construction Workers Welfare Board. The contract entails the development of an exclusive online portal for the Board, with an execution deadline of June 8, 2026. This significant order underscores RailTel's growing footprint in providing digital infrastructure and IT solutions to government entities, contributing to its revenue pipeline. The company has confirmed that the transaction is at arm's length, with no involvement from promoters or related parties.
Key Highlights
- RailTel secured a substantial domestic order valued at Rs. 23.18 crore from The Goa Building And Other Construction Workers Welfare Board.
- The contract focuses on developing an exclusive online portal, showcasing RailTel's expertise in digital transformation and IT services.
- The project is slated for completion by June 8, 2026, providing a clear timeline for revenue realization.
- The company confirmed the absence of any related party interest, ensuring transparency and good corporate governance.