RailTel Corporation of India Ltd has announced the receipt of a significant work order from National Informatics Centre Services Incorporated (NICSI). Disclosed under SEBI regulations, the contract relates to telecom infrastructure development under the National Knowledge Network (NKN) project.
The order highlights ongoing investments in India’s digital backbone and public sector-led connectivity expansion.
RailTel has secured a contract from NICSI for the implementation of a New Core Link under the National Knowledge Network project.
The agreement is valid for a period of 12 months, with execution expected to be completed by 31 March 2027. The total contract value stands at ₹42.63 crore (inclusive of taxes), reflecting a moderate-scale infrastructure assignment.
The project falls within the telecom domain and focuses on strengthening core network infrastructure. The National Knowledge Network is a government initiative aimed at connecting academic institutions, research bodies, and government organisations through a high-speed data network.
The new core link is expected to enhance capacity, reliability, and data transmission efficiency.
The announcement has been made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additional disclosures have been provided as per the SEBI Master Circular dated 30 January 2026.
The company confirmed that the contract is domestic in nature and does not involve related party transactions.
Such contracts contribute to RailTel’s role as a key telecom infrastructure provider in India’s public sector ecosystem. Participation in projects like the NKN supports the company’s positioning in government-backed digital initiatives and helps sustain its order pipeline in the telecom services segment.
As of 17 March 2026, RailTel’s share price was trading at ₹270.50, reflecting a marginal gain of 0.20% from the previous close of ₹269.95. The stock recorded an intraday high of ₹274.40 and a low of ₹269.50, indicating relatively stable trading activity.
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The NICSI work order reinforces RailTel’s involvement in national connectivity projects and aligns with broader efforts to enhance digital infrastructure. While the contract size is moderate, it reflects continued demand for telecom network expansion within government-led initiatives.
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Published on: Mar 17, 2026, 12:00 PM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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