RailTel Wins ₹16.89 Crore OFC Installation Deal from Ministry of Defence
RailTel Corporation of India Ltd. has secured a significant contract for laying Optical Fiber Cable (OFC) from the Ministry of Defence. The project, worth ₹16,89,38,002 (inclusive of taxes), was officially awarded on March 20, 2025.
Project Overview
According to disclosures made under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, RailTel is set to carry out the OFC installation as per the conditions specified in the purchase order (PO).
The project is domestic in nature, and the execution timeline extends until March 17, 2026.
Key Highlights
- Client: Ministry of Defence
- Scope: Laying of Optical Fiber Cable (OFC)
- Value: ₹16.89 crore (including tax)
- Execution Period: Till March 17, 2026
- Nature of Contract: Domestic
- Promoter Group Interest: None
- Related Party Transaction: No
RailTel has assured that this work order complies with regulatory guidelines and has been disclosed without any delay. This project further solidifies RailTel’s position in providing critical communication infrastructure to government agencies.
For investors, this contract signifies RailTel’s growing order book and continued business momentum in the government sector. The stock market reaction to this development remains to be seen, but such orders generally contribute positively to revenue visibility and long-term growth.
Check More Details about this Order on BSE
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