RailTel Share Price in Focus; Wins ₹119.5 Cr Order from South Eastern Coalfields for Connectivity Project

RailTel Corporation of India Ltd has bagged a ₹119.49 crore contract from South Eastern Coalfields Ltd (SECL) to provide managed bandwidth services for CCTV monitoring across SECL mines. This marks RailTel’s second consecutive day of stock movement following positive business developments.

RailTel’s Order Details for Mine Connectivity Project

RailTel Corporation of India Ltd, a public sector undertaking under the Ministry of Railways, has secured a work order valued at ₹119.49 crore (inclusive of taxes) from South Eastern Coalfields Ltd (SECL).

The order involves the deployment of a managed bandwidth service using an MPLS VPN network to enable live streaming and storage of CCTV footage from various coal mines across Madhya Pradesh and Chhattisgarh.

This project, set to be executed under an operating expenditure (OPEX) model, will run for a period of three years, with the final deadline for implementation set as June 5, 2028, as per the company's filing with the stock exchanges.

RailTel Secures Maharashtra ITMS Project

This latest order comes shortly after another major win for RailTel. The company recently received a Letter of Intent (LoI) from the Motor Vehicles Department of Maharashtra for a project estimated at ₹274.40 crore.

Under this contract, RailTel will be responsible for the design, implementation, and long-term operation of an Intelligent Traffic Management System (ITMS) at multiple high-risk and accident-prone areas across the Vidarbha region. The project will span 10 years, with expected completion by September 4, 2036.

The final value of this Maharashtra project will be confirmed upon issuance of the formal purchase order.

Read More: RailTel Share Price in Focus as Board to Discuss FY25 Final Dividend on June 15.

Conclusion

RailTel’s recent contract wins highlight the company’s growing presence in the digital infrastructure space, especially in sectors like mining and traffic management. With long-term project tenures and rising order book size, the railway PSU continues to build momentum despite short-term fluctuations in its stock price.

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