
Deals14 Oct 2026, 11:03 am
RailTel Secures ₹197.18 Cr Order from SBI for Telecom Services
AI Summary
RailTel Corporation of India Ltd. has received a significant Purchase Order from the State Bank of India (SBI) for the continuation of MPLS Links to SBI Data Centers, Disaster Recovery sites, and branches, along with P2P links across India. This order is for a period of 5 years, effective from April 1, 2026, to March 31, 2031. The estimated size of the order, excluding tax, is ₹1,97,17,77,622 (approximately ₹197.18 Crore). This contract falls under the telecom nature and is awarded by a domestic entity. Neither the promoter nor the promoter group has any interest in SBI, and the transaction is not considered a related party transaction.
Key Highlights
- RailTel received a 5-year telecom services order from SBI.
- The order is valued at ₹1,97,17,77,622 (approx. ₹197.18 Crore).
- Services include MPLS and P2P links across India.
- The contract is for a domestic entity, SBI.
- No promoter interest or related party transaction involved.
Price Impact
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