RailTel secures Rs 43.99 crore fibre grid project in Mizoram
By Aditya Bhagchandani Published on June 17, 2025, 17:24 IST
RailTel Corporation of India announced on June 17 that it has secured a Letter of Intent (LOI) from Zoram Electronics Development Corporation Ltd. (Zenics) for the implementation of the Mizo Fibre Grid Network (MFGN) project. The estimated value of the project is Rs 43.99 crore, with the expected completion date set for September 5, 2026.
The contract is domestic and does not involve any related party transactions, as per the company's disclosure. The exact project value will be finalized upon the issuance of the purchase order. RailTel received the LOI at 11:24 AM on June 17, 2025.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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