Business Update20 Apr 2026, 10:51 pm
RailTel Secures ₹86.36 Cr Cloud Services Order from MCGM
AI Summary
RailTel Corporation of India Ltd has received a Letter of Acceptance (LoA) from the Municipal Corporation of Greater Mumbai (MCGM) for provisioning, configuration, testing, commissioning, operations, and maintenance of cloud services. The estimated value of this domestic customer project is ₹86,36,21,334 (including tax). The contract is set to be executed by June 5, 2029. This significant order underscores RailTel's capabilities in providing comprehensive cloud solutions to government entities.
Key Highlights
- RailTel awarded ₹86.36 Cr cloud services contract by MCGM.
- Project involves provisioning, testing, commissioning, and O&M of cloud services.
- Contract duration extends until June 5, 2029.
- Order is classified as a domestic customer project.
- No promoter or related party interest involved in the contract.