ITI Secures Two Strategic Contracts Worth ₹64 Crore

ITI Limited, a prominent central public sector undertaking in the telecommunications segment, has successfully secured two major contracts valued at ₹64 crore. These contracts, awarded by Sambalpur University in Odisha and Central Railways, mark a significant milestone in the company’s expansion into new domains such as educational institutions and railways.

Wi-Fi and LAN Network for Sambalpur University

ITI has been awarded a ₹35 crore contract by Sambalpur University in Odisha to establish a campus-wide Wi-Fi and LAN network. This project will cover 80 locations, ensuring seamless internet and intranet access throughout the campus. The scope of the work includes the supply, installation, commissioning, and maintenance of the network for three years. Additionally, ITI will provide a Secure Wireless Controller with advanced functionalities like user authentication and unauthorised access restrictions.

Integrated Security System for Mumbai’s Key Railway Stations

In a separate ₹29.14 crore contract, ITI will implement an integrated security system across six major railway stations in Mumbai, including Chhatrapati Shivaji Maharaj Terminus, Dadar, Kurla, Lokmanya Tilak Terminus, Thane, and Kalyan.

The project involves installing over 1,400 IP-based video surveillance cameras to enhance passenger safety. It also includes testing, commissioning, and five years of annual maintenance after a three-year warranty. The entire project is set to be completed within 12 months of receiving the Letter of Award.

ITI Share Performance

As of January 14, 2025, at 11:10 AM, ITI shares are trading at ₹416.00, reflecting a 1.09% decline from the previous day’s closing price.

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