
Deals30 Jun 2026, 11:23 am
RailTel Receives ₹13.6 Cr LoI for DigiThane Platform
AI Summary
RailTel Corporation of India Ltd has received a Letter of Intent (LoI) from Thane Municipal Corporation to act as the Technology Partner for the Development, Upgradation, Implementation, Operation, and Maintenance of the DigiThane Citizen Engagement Platform. This contract is for a period of 10 years, with an estimated order size of ₹13,60,00,000 (including tax). The execution period for this order is until June 28, 2036. The company has confirmed no promoter interest in the awarding entity and that the transaction is not a related party transaction. The LoI was received on June 29, 2026.
Key Highlights
- RailTel secured a 10-year contract from Thane Municipal Corporation.
- The contract is for the DigiThane Citizen Engagement Platform.
- Estimated order value is ₹13.6 crore.
- Project execution spans until June 2036.
Price Impact
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