RailTel Corporation of India Limited has secured a new order from Newspace India Limited (NSIL), strengthening its presence in the technology infrastructure segment.
The company received a Letter of Intent (LoI) for the supply, installation, commissioning, operation and maintenance of upgraded IT infrastructure for NSIL.
The order was disclosed by RailTel through an exchange filing dated May 23, 2026. According to the company, the contract has been awarded in the normal course of business and will involve end-to-end execution and maintenance of critical IT systems for the space sector enterprise.
The estimated value of the order stands at ₹31,21,42,210, excluding taxes. The contract covers the supply of equipment, installation, commissioning, operation, and ongoing maintenance of upgraded IT infrastructure for NSIL.
NSIL, the commercial arm of the Indian space sector ecosystem, awarded the contract through a domestic procurement process. RailTel stated that the work order was received on May 22, 2026, at 6:32 PM.
According to the LoI details, the project is scheduled to be completed by January 31, 2027. The assignment is expected to involve deployment and management of upgraded technology infrastructure aimed at supporting NSIL’s operational requirements.
The company did not disclose additional technical specifications of the project but confirmed that the engagement includes both implementation and maintenance responsibilities throughout the contract period.
RailTel clarified that the contract has been awarded by a domestic entity and does not involve any related-party transaction. The company also confirmed that neither its promoters nor promoter group entities have any interest in the organisation awarding the contract.
Read More: RailTel Share Price in Focus; Secures Railway Signalling Order Worth ₹15.67 Crore From North Western Railway!
As of 25 May 2026, at 9:16 AM, RailTel share price is trading at ₹322.05 per share, reflecting a surge of 0.61% from its previous closing price.
RailTel has secured a ₹31.21 crore IT infrastructure contract from Newspace India Limited, covering supply, installation, commissioning, operation and maintenance services. The project further strengthens the company’s presence in technology infrastructure projects linked to strategic government-backed organisations.
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Published on: May 25, 2026, 9:19 AM IST
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