RailTel Share Price in Focus; Secures ₹444 Crore Order from Centre for E-Governance

RailTel Corporation of India Ltd has received a Letter of Intent (LoI) for a project valued at ₹444 crore, including taxes. The order has been awarded by the Centre for E-Governance, according to a regulatory filing dated March 27, 2026.  

The company disclosed the development under SEBI’s listing regulations, classifying it as a material order. The contract is domestic in nature and does not involve any related party transactions. 

Project Scope 

The contract relates to the selection of a system integrator for KSWAN 3.0, a government network initiative. The work has been awarded through a request for proposal (RFP) process, with RailTel identified for execution.  

The project is expected to involve development and management of network infrastructure linked to e-governance services. No promoter or group company interest has been reported in the awarding entity. 

Contract Size and Terms 

The estimated value of the order stands at ₹4,44,44,44,444, as specified in the LoI. The amount includes applicable taxes and represents the broad consideration for the contract.  

The company stated that the order falls within standard contractual terms and conditions. There are no deviations flagged in relation to arm’s length requirements. 

Execution Timeline 

The project is scheduled to be completed by March 26, 2031, indicating a multi-year execution period. The LoI was received on March 27, 2026.  

No delay in reporting the order has been indicated in the disclosure. The timeline suggests phased implementation over the contract duration. 

Regulatory Filing 

The disclosure was made on March 27, 2026, in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.  

Read More: RailTel Share Price in Focus; Bags ₹24.53 Crore Order from East Coast Railway! 

RailTel Corporation of India Share Price Performance  

As of March 30, 2026, at 10:26 am, Railtel Corporation of India share price was trading at ₹253.65, down 2.63% from the previous closing price. 

Conclusion 

With this order, RailTel expands its involvement in government-led digital infrastructure projects. The contract is set to be implemented over a defined timeline through 2031. 

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