Latest news with #RailTelCorporationofIndiaLtd.
Business Upturn
3 days ago
- Business
- Business Upturn
RailTel partners with Techno Electric to set ip 10MW Data Centre in Noida
By Aman Shukla Published on June 1, 2025, 15:34 IST RailTel Corporation of India Ltd. has announced the selection of M/s Techno Electric & Engineering Co. Ltd. (TECL) as its Managed Service Data Centre Partner. This strategic partnership, finalized through an open tender process, involves the development of a 10MW Data Centre in phases on RailTel's land located in Noida. A Letter of Intent (LOI) has already been issued to TECL, marking the commencement of this long-term collaboration. Under the terms of the LOI, TECL will develop the Data Centre in phases on land provided by RailTel in Noida. RailTel will receive a share of the revenue generated from the operations of the Data Centre, calculated on a fixed percentage basis. The duration of the agreement is 30 years, including the implementation phase, with the possibility of extension through mutual consent. As the agreement is structured around future earnings, the financial value of the contract cannot be precisely quantified at this stage. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
02-05-2025
- Business
- Business Upturn
RailTel secures Rs 22.75 crore order from North Central Railway for infrastructure project
RailTel Corporation of India Ltd. has announced the receipt of a significant work order from North Central Railway valued at Rs 22.75 crore (inclusive of tax). The domestic project is scheduled for completion by April 30, 2026, according to the company's regulatory filing on May 2, 2025. The order, awarded through a Letter of Acceptance (LOA), falls under the category of infrastructure project contracts and does not involve any related-party transactions. RailTel clarified that there is no promoter interest in the awarding entity. The work order was formally received on May 1, 2025, at 4:20 PM, and RailTel confirmed there has been no delay in disclosure. This contract reinforces RailTel's strong positioning in government digital infrastructure projects, especially within the Indian Railways ecosystem. 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.
Business Upturn
26-04-2025
- Business
- Business Upturn
RailTel secures Rs 90 crore ERP project from Institute of Road Transport
By Aman Shukla Published on April 26, 2025, 17:05 IST RailTel Corporation of India Ltd. has announced the receipt of a significant work order from The Institute of Road Transport. The total value of the order amounts to ₹90,08,49,783, inclusive of taxes. This new contract involves the design, development, supply, implementation, operations, and maintenance of an Enterprise Resource Planning (ERP) system. The ERP system will be deployed for MTC Ltd. Chennai, TNSTC-Coimbatore, and TNSTC-Madurai. The nature of the contract is entirely domestic, awarded by a domestic entity, and does not involve any international parties. The execution of the project is scheduled to be completed by October 18, 2026. There is no involvement or interest of the promoter, promoter group, or group companies in the awarding entity, and the transaction does not fall under the category of related party transactions. The work order was officially received on April 25, 2025, at 19:40 hours. RailTel confirmed that there has been no delay in reporting the receipt of this order. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
