RailTel Corporation of India Ltd has secured a work order from the Cuttack Development Authority, marking another significant domestic project win for the PSU. The order, valued at ₹15,84,92,196 (including taxes), was formalised through a Letter of Acceptance.
The scope of work involves setting up eight AI-based billboards across Cuttack. These smart billboards are expected to enhance the city's digital infrastructure and visibility using advanced AI technologies. The project highlights RailTel’s diversification into smart city and digital advertisement solutions beyond its core railway network operations.
This is a domestic work order, and the entire project is scheduled for completion by November 2, 2025. It underscores RailTel's growing presence in urban development and AI-powered solutions under Smart City initiatives.
On July 2, 2025, RailTel share price opened at ₹427.80, up from its previous close of ₹426.50. At 9:23 AM, the share price of RailTel was trading at ₹426.85, up by 0.08% on the NSE.
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This project win from Cuttack Development Authority reinforces RailTel’s capabilities in executing smart technology-based urban infrastructure projects. It also reflects the company's expanding footprint in non-railway sectors, in alignment with India's digital and smart city goals.
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Published on: Jul 2, 2025, 9:28 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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