“…this is to inform that RailTel Corporation of India Ltd. (“the Company”) has received the work order from South Eastern Coalfields Limited amounting to ₹11,94,89,669 (Including Tax),” according to a filing with the stock exchange.
According to the exchange filing, the contract involves the deployment of managed bandwidth services through an MPLS VPN network to facilitate live streaming and storage of CCTV footage from various SECL mines situated in Madhya Pradesh and Chhattisgarh.
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The project is set to be executed over three years, with a completion target of June 5, 2028.
Last week, RailTel Corporation of India received a letter of intent (LoI) from the Motor Vehicles Department, Maharashtra, with an estimated order value of ₹274.40 crore. The final contract amount will be confirmed upon the issuance of the purchase order, as stated in a regulatory filing by the company.
Under this contract, RailTel will design, implement, operate, and maintain an Intelligent Traffic Management System (ITMS) at various critical points and vulnerable areas in the Vidarbha region for a duration of 10 years.
The project is expected to be completed by September 4, 2036.
Railtel Corporation of India Ltd shares closed at ₹456.40, a decline of ₹7.40, or 1.65%, on the BSE.
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(Edited by : Shoma Bhattacharjee)