Deals17 Jun 2025, 05:36 pm
RailTel Corporation of India Ltd. Receives LOI for Mizo Fibre Grid Network Project Worth ~44 Cr
AI Summary
RailTel Corporation of India Ltd. has announced the receipt of a Letter of Intent (LOI) from Zoram Electronics Development Corporation Ltd. (Zenics) for the implementation of the Mizo Fibre Grid Network (MFGN) Project. The estimated size of the order is Rs. 43.99 Cr (~44 Cr in INR). The exact value will be determined once the Purchase Order (PO) is issued.
Key Highlights
- RailTel Corporation of India Ltd. has received an LOI from Zoram Electronics Development Corporation Ltd. (Zenics) for the Mizo Fibre Grid Network (MFGN) Project.
- The estimated size of the order is approximately Rs. 43.99 Cr (~44 Cr in INR).
- The order is a domestic one, with a 05-SEP-26 deadline for execution.
- The LOI was received on 17-JUN-25 at 11:24.
- The exact order value will be known once the PO is issued.