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RailTel Corporation Share Price Surges; Gets ₹164.79 Crore Work Order from Western Coalfields

Written by: Team Angel OneUpdated on: 21 Aug 2026, 4:52 pm IST
RailTel has received a ₹164.79 crore work order from Western Coalfields for an MPLS VPN network on a five-year rental arrangement.
RailTel Corporation Share Price Surges
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RailTel Corporation of India has received a ₹164.79 crore work order from Western Coalfields Limited (WCL) for an MPLS VPN network, as per the exchange filings. The arrangement will run on a rental basis for 60 months.  

Five-Year Contract with Western Coalfields 

The work involves setting up the MPLS VPN network for WCL. The contract is scheduled to run until September 20, 2031, giving RailTel a five-year engagement with the coal mining company.   

The order is worth ₹1,64,78,70,000, including taxes, according to the work order disclosed by RailTel.  

Order Came in on August 19, 2026 

Western Coalfields issued the work order to RailTel on August 19, 2026, at 6 PM. RailTel informed the stock exchanges about the order on August 20.   

The contract is a domestic order. The filing also states that RailTel's promoter group has no interest in Western Coalfields and that the contract does not fall under related-party transactions.  

Network Work Will Continue Until 2031 

Unlike a short-term project, this arrangement covers the network on a rental basis for five years. The work order therefore runs through September 2031, with the total contract value set at ₹164.79 crore.  

Read More: UCO Bank Share Price in Focus; Board to Consider Foreign Currency Fund Raising on August 24, 2026! 

RailTel Share Price Performance  

As of 21 August 2026, at 10:16 AM, RailTel Corporation of India share price is trading at ₹286.50 per share, reflecting a surge of 2.05% from the previous trading session. 

Conclusion 

RailTel has secured a ₹164.79 crore work order from Western Coalfields to establish an MPLS VPN network on a 60-month rental basis. The contract is scheduled to run until September 20, 2031.  

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Aug 21, 2026, 11:22 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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