Business Update18 Aug 2026, 07:20 pm
RailTel bags ₹166.8 Cr order from EPF Organisation
AI Summary
RailTel Corporation of India Ltd. has received a significant work order extension from the Employees Provident Fund Organisation (EPFO). The order, valued at ₹1,66,80,29,314 (including tax), is an extension of their existing Infra-as-a-Service (IaaS) offering through RailTel. This extension is for a period of one year and involves additional components, with execution expected by February 9, 2027. The company has confirmed that the order is from a domestic entity and does not involve any related party transactions. This contract is expected to bolster RailTel's revenue and service offerings in the IaaS segment.
Key Highlights
- RailTel secured a ₹166.8 Cr work order extension from EPFO.
- The order is for Infra-as-a-Service (IaaS) for one year.
- Execution is scheduled to be completed by February 9, 2027.
- The contract is with a domestic entity and involves no related party interests.
Price Impact
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