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Business / Sat, 08 Jun 2024 CNBCTV18

RailTel Corporation bags order worth ₹81.6 crore from National Informatics Centre

₹NSE₹State-run RailTel Corporation of India has received work order worth up to81.6 crore from National Informatics Centre Services Incorporated (NICSI) for the ICT Infrastructure.The order is for supply, installation, configuration, commissioning and integration of ICT infrastructure. Additionally, the company will also look after the operation and maintenance of the ICT infrastructure, RailTel said in a regulatory filing on Saturday, June 8. "This is to inform that RailTel Corporation of India Ltd. has received the work order from National Informatics Centre Services Incorporated for 1. Supply, installation, configuration, commissioning & integration of ICT infrastructure. Operation and Maintenance of the ICT infrastructure in compliance with the SLA.

NSE

State-run RailTel Corporation of India has received work order worth up to81.6 crore from National Informatics Centre Services Incorporated (NICSI) for the ICT Infrastructure.The order is for supply, installation, configuration, commissioning and integration of ICT infrastructure. Additionally, the company will also look after the operation and maintenance of the ICT infrastructure, RailTel said in a regulatory filing on Saturday, June 8."This is to inform that RailTel Corporation of India Ltd. has received the work order from National Informatics Centre Services Incorporated for 1. Supply, installation, configuration, commissioning & integration of ICT infrastructure. 2. Operation and Maintenance of the ICT infrastructure in compliance with the SLA. amounting to81,45,64,548 (including tax)," it said.This project will be executed by August 31, 2024, the company informed the stock exchanges today.Earlier in March, the company had won a work order from the Municipal Corporation of Greater Mumbai for the supply, installation, testing, commissioning, operations and maintenance of HMIS for the Health Department of the BMC. The order value was worth ₹351.95 crore.RailTel also won a work order from the State Project Director of the Bihar Education Project Council worth ₹130 crore.Before these, the company had won two orders in Odisha on March 14 and March 4, respectively, worth ₹114 crore and ₹87 crore.On Friday, shares of RailTel ended 0.15% higher at ₹378.50. The stock has declined about 23% from its recent peak of ₹491.

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