Business Update5 May 2026, 02:33 pm
RailTel Bags ₹49.67 Cr ITMS Project from Karnataka Transport
AI Summary
RailTel Corporation of India Ltd. has received a Letter of Intent (LoI) from the Additional Commissioner For Transport, Enforcement (South) for an ITMS project for the Transport Department, Government of Karnataka. The estimated size of the order, including tax, is ₹49,67,21,000. The project is to be executed by November 3, 2026. This is a domestic order.
Key Highlights
- RailTel receives LoI for ITMS project from Karnataka Transport Department.
- The order is valued at ₹49.67 Cr, including tax.
- Project execution deadline is November 3, 2026.
- The order is domestic.