RailTel Corp Receives ₹90 Crore Work Order from the Institute of Road Transport

RailTel Corporation of India Ltd has secured a work order worth ₹90.08 crore from the Institute of Road Transport. The contract covers the design, development, supply, implementation, operations, and maintenance of an Enterprise Resource Planning (ERP) system for three transport corporations: MTC Ltd, Chennai, TNSTC-Coimbatore, and TNSTC-Madurai.

Timeline and Execution

The work order was received on April 25, 2025, at 7:40 PM. The project is expected to be completed by October 18, 2026. It is classified as a domestic order and will be executed across the specified transport corporations based in Tamil Nadu.

Other Details

RailTel confirmed that there is no connection between its promoters or group companies and the awarding entity. The transaction does not fall under related party transactions.

The total contract value, including applicable taxes, is ₹90,08,49,783. The work will include all phases from development to post-implementation maintenance.

Nature of the Contract

The order involves multiple deliverables over the next 18 months, covering implementation for large-scale public transport corporations. The scope includes full-cycle ERP setup and system maintenance support during the operational period.

Previous Orders

Earlier in March 2025, RailTel had received another order valued at ₹25.15 crore from Hindustan Petroleum Corporation Ltd. (HPCL), also a domestic company. That order involved separate deliverables unrelated to the current ERP project.

Stock Performance

As of 9:30 AM on April 28, RailTel Corporation of India share price was trading at ₹304.05, a 0.68% up, 3.18% lower over the past five days, and 25.69% lower year-to-date.

Read more: RailTel Share in Focus on Securing Major Contract for Railway Telecommunication Works

Conclusion

RailTel has added a new domestic project to its order book, with completion scheduled by late 2026.

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