Deals22 Jul 2024, 09:23 pm
RailTel Corporation of India Ltd Secures Major Order Worth Rs. 1,86,81,00,000 from Ministry of Railways
AI Summary
RailTel Corporation of India Ltd has announced that it has received a work order from the Ministry of Railways (Railway Board) for Design, Development, Implementation, Operations and Maintenance of HMIS and Integrated Empanelled Hospital Referral Portal for Indian Railways amounting to Rs. 1,86,81,00,000 (Including Tax). This order is a significant development for the company and is expected to strengthen its position in the market.
Key Highlights
- RailTel Corporation of India Ltd has received a major order worth Rs. 1,86,81,00,000 from the Ministry of Railways (Railway Board).
- The order is for Design, Development, Implementation, Operations and Maintenance of HMIS and Integrated Empanelled Hospital Referral Portal for Indian Railways.
- The order is expected to strengthen RailTel's position in the market.
- The order is awarded by a domestic entity, Ministry of Railways, which is a promoter of RailTel and has a 72.84% shareholding in the company.
- The order is to be executed over a period of 4 years.