RailTel bags ₹20 Cr order from Munitions India Ltd

RailTel Corporation of India Ltd has received a Letter of Intent (LoI) from Munitions India Limited for setting up a Data Center (DC) & Disaster Recovery (DR) Center on an Infrastructure as a Service (IaaS) platform for the Q-Shakti (QA4.0) project. The contract period is 6 years, extendable by 3 years, with a payment term of quarterly invoices and a 5% Performance Bank Guarantee (PBG). The estimated size of the order is ₹20,04,04,809 (including tax). The execution is expected by February 28, 2027. This is a domestic order, and neither the promoter nor the promoter group has any interest in Munitions India Limited.